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oOh media (ASX:OML) Days Inventory : 5.16 (As of Dec. 2023)


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What is oOh media Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). oOh media's Average Total Inventories for the six months ended in Dec. 2023 was A$3.3 Mil. oOh media's Cost of Goods Sold for the six months ended in Dec. 2023 was A$115.7 Mil. Hence, oOh media's Days Inventory for the six months ended in Dec. 2023 was 5.16.

The historical rank and industry rank for oOh media's Days Inventory or its related term are showing as below:

ASX:OML' s Days Inventory Range Over the Past 10 Years
Min: 0.49   Med: 5.96   Max: 17.52
Current: 7.11

During the past 10 years, oOh media's highest Days Inventory was 17.52. The lowest was 0.49. And the median was 5.96.

ASX:OML's Days Inventory is ranked better than
75.34% of 657 companies
in the Media - Diversified industry
Industry Median: 25.37 vs ASX:OML: 7.11

oOh media's Days Inventory declined from Dec. 2022 (9.47) to Dec. 2023 (5.16).

Inventory Turnover measures how fast the company turns over its inventory within a year. oOh media's Inventory Turnover for the six months ended in Dec. 2023 was 35.38.

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. oOh media's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.01.


oOh media Days Inventory Historical Data

The historical data trend for oOh media's Days Inventory 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.

* Premium members only.

oOh media Days Inventory Chart

oOh media Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.64 17.52 12.62 11.93 7.37

oOh media Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.37 10.00 9.47 9.08 5.16

Competitive Comparison of oOh media's Days Inventory

For the Advertising Agencies subindustry, oOh media's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


oOh media's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, oOh media's Days Inventory distribution charts can be found below:

* The bar in red indicates where oOh media's Days Inventory falls into.



oOh media Days Inventory Calculation

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

oOh media's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (6.094 + 2.64) / 2 ) / 216.161*365
=4.367 / 216.161*365
=7.37

oOh media's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (3.901 + 2.64) / 2 ) / 115.71*365 / 2
=3.2705 / 115.71*365 / 2
=5.16

* 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.


oOh media  (ASX:OML) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

oOh media's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

2. 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.

oOh media's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

* 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


oOh media Days Inventory Related Terms

Thank you for viewing the detailed overview of oOh media's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


oOh media (ASX:OML) Business Description

Traded in Other Exchanges
Address
73 Miller Street, Level 2, North Sydney, Sydney, NSW, AUS, 2060
OOh media operates a network of outdoor advertising sites with a commanding share of the Australian market, and also has a large presence in New Zealand. It boasts a diverse portfolio of locations to service the needs of outdoor marketers, and is particularly strong in the roadside billboard and retail (such as shopping malls) segments. OOh media offers these services by entering into lease arrangements with owners of outdoor sites--effectively an intermediary allowing site owners to monetize their visible space in high-traffic areas. In late September 2018, the group completed the acquisition of Adshel from HT&E for AUD 570 million, a deal that cements its competitive position in the face of industry consolidation.

oOh media (ASX:OML) Headlines

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