Omnicom Group (Omnicom Group) Total Inventories

: $1,343 Mil (As of Dec. 2023)

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Omnicom Group's total inventories for the quarter that ended in Dec. 2023 was $1,343 Mil. Omnicom Group's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $1,480 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Omnicom Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-64.80.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Omnicom Group's Days Inventory for the three months ended in Dec. 2023 was 41.62.

Inventory Turnover measures how fast the company turns over its inventory within a year. Omnicom Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.19.

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. Omnicom Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.36.

Omnicom Group Total Inventories Historical Data

The historical data trend for Omnicom Group'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.

* Premium members only.

Omnicom Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

1,257.60

1,101.20

1,201.00

1,254.60

1,342.50

Omnicom Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories																1,254.60	1,508.90	1,638.00	1,617.50	1,342.50

Omnicom Group 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.

Omnicom Group (NYSE:OMC) 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.

Omnicom Group'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)
=	(4432	+	0.75 * 8659.8	+	0.5 * 1342.5	-	23404.9
-	0	-	1023.4)	/	198
=	-64.80

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

Omnicom Group'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
	=	1480	/	3244.9	*	365 / 4
	=	41.62

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

Omnicom Group'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 )
	=	3244.9	/	1480
	=	2.19

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.

Omnicom Group'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 )
	=	1480	/	4060.9
	=	0.36

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.

Omnicom Group Total Inventories Related Terms

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Omnicom Group (Omnicom Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Omnicom Group Inc (NYSE:OMC) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

OCN:Germany O1MC34:Brazil

Address

280 Park Avenue, New York, NY, USA, 10017

Website

https://www.omnicomgroup.com

Omnicom is the world's second-largest ad holding company, based on annual revenue. The firm's services, which include traditional and digital advertising and public relations, are provided worldwide, with over 80% of its revenue coming from more developed regions such as North America and Europe.

Executives

Linda Johnson Rice	director
Andrew Castellaneta	officer: SVP, Chief Accounting Officer	C/O OMNICOM GROUP INC., 437 MADISON AVENUE, NEW YORK NY 10022
Mark D Gerstein	director	C/O OMNICOM GROUP INC., 280 PARK AVENUE, NEW YORK NY 10017
Rochelle M. Tarlowe	officer: Senior VP and Treasurer	C/O OMNICOM GROUP INC., 437 MADISON AVENUE, NEW YORK NY 10022
Jonathan B. Nelson	officer: CEO, Omnicom Digital	C/O OMNICOM GROUP INC., 437 MADISON AVENUE, NEW YORK NY 10022
John Wren	director, officer: President and CEO
Louis F Januzzi	officer: Senior VP, Gen. Counsel & Sec.	C/O OMNICOMGROUP, 280 PARK AVENUE, NEW YORK NY 10017
Michael J Obrien	officer: Senior VP, Gen. Counsel & Sec.	C/O OMNICOM GROUP INC, 437 MADISON AVE, NEW YORK NY 10022
Patricia Salas Pineda	director	C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
Coleman Leonard S Jr	director	C/O ELECTRONIC ARTS INC., 209 REDWOOD SHORES PARKWAY, REDWOOD CITY, CA 94065
Dennis E. Hewitt	officer: Treasurer	437 MADISON AVENUE, NEW YORK NY 10022
Ronnie S. Hawkins	director	C/O OMNICOM GROUP INC., 437 MADISON AVENUE, NEW YORK NY 10022
Peter K. Sherman	officer: Executive Vice President	C/O OMNICOM GROUP INC., 437 MADISON AVENUE, NEW YORK NY 10022
Gracia C Martore	director	C/O OMNICOM GROUP INC., 437 MADISON AVENUE, NEW YORK NY 10022
Bruce Crawford	director, officer: Chairman