Owens & Minor (Owens & Minor) Total Inventories : $1,111 Mil (As of Dec. 2023)

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What is Owens & Minor Total Inventories?

Owens & Minor's total inventories for the quarter that ended in Dec. 2023 was $1,111 Mil. Owens & Minor's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $1,097 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Owens & Minor's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-38.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Owens & Minor's Days Inventory for the three months ended in Dec. 2023 was 48.00.

Inventory Turnover measures how fast the company turns over its inventory within a year. Owens & Minor's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.90.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Owens & Minor's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.41.

Owens & Minor Total Inventories Historical Data

The historical data trend for Owens & Minor's Total Inventories can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Owens & Minor Total Inventories Chart

Owens & Minor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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1,146.19

1,233.75

1,495.97

1,333.59

1,110.61

Owens & Minor Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial															1,333.59	1,288.29	1,168.23	1,084.35	1,110.61

Owens & Minor Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Owens & Minor (NYSE:OMI) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Owens & Minor's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(243.037	+	0.75 * 598.257	+	0.5 * 1110.606	-	4169.156
-	0	-	0)	/	76.546
=	-38.17

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Owens & Minor's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	1097.478	/	2086.227	*	365 / 4
	=	48.00

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Owens & Minor's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	2086.227	/	1097.478
	=	1.90

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Owens & Minor's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	1097.478	/	2656.15
	=	0.41

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Owens & Minor Total Inventories Related Terms

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Owens & Minor (Owens & Minor) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Owens & Minor Inc (NYSE:OMI) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

6OM:Germany

Address

9120 Lockwood Boulevard, Mechanicsville, VA, USA, 23116

Website

https://www.owens-minor.com

Owens & Minor Inc distributes consumable medical supplies to a variety of providers. The business is under two segments: Products & Healthcare Services and Patient Direct. The Products & Healthcare Services segment includes the United States distribution business (Medical Distribution), outsourced logistics and value-added services business, and Global Products business which manufactures and sources medical surgical products through production and kitting operations. The Patient Direct segment includes home healthcare businesses (Byram and Apria).

Executives

Jonathan A Leon	officer: SVP, Corporate Treasurer	OWENS & MINOR, INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Perry A Bernocchi	officer: EVP & CEO Patient Direct	OWENS & MINOR, INC, 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Heath H Galloway	officer: EVP,General Counsel & CorpSecy	OWENS & MINOR, INC, 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Alexander J Bruni	officer: EVP, CFO	OWENS & MINOR, INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Edward A Pesicka	director, officer: President & CEO	9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Michael Wayne Lowry	other: & Interim Chief Acctg Officer	9120 LOCKWOOD BOULEVARD, MECHANICSVILLE VA 23116
Snehashish Sarkar	other: Chief Information Officer	OWENS & MINOR INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Robert J Henkel	director	C/O OWENS & MINOR, INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Carissa Rollins	director	5200 ILLUMINA WAY, SAN DIEGO CA 92122
Tammy L Gomez	officer: EVP, CHRO	OWENS & MINOR, INC., 9120 LOCKWOOD BOULEVARD, MECHANICSVILLE VA 23116
Jeffrey T Jochims	officer: EVP, Strategy & Solutions	OWENS & MINOR, INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Rita Johnson-mills	director	C/O BROOKDALE SENIOR LIVING INC., 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Teresa L. Kline	director	C/O INTERSECT ENT, INC., 1555 ADAMS DRIVE, MENLO PARK CA 94025
Gwendolyn M Bingham	director	C/O OWENS & MINOR, INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Daniel J Starck	officer: EVP, Pres. Patient Direct, other: & CEO, Apria	CORVEL CORPORATION, 2010 MAIN STREET, SUITE 600, IRVINE CA 92614