Oman Fisheries CoOG (MUS:OFCI) Change In Inventory: ر.ع-2.17 Mil (TTM As of Mar. 2018)

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What is Oman Fisheries CoOG Change In Inventory?

Oman Fisheries CoOG MUS:OFCI Change In Inventory is ر.ع-2.17 Mil as of Mar. 2018.

Oman Fisheries CoOG's change in inventory for the quarter that ended in Mar. 2018 was ر.ع0.10 Mil. It means Oman Fisheries CoOG's inventory declined by ر.ع0.10 Mil from Dec. 2017 to Mar. 2018 .

Oman Fisheries CoOG's change in inventory for the fiscal year that ended in Mar. 2017 was ر.ع0.47 Mil. It means Oman Fisheries CoOG's inventory declined by ر.ع0.47 Mil from Mar. 2016 to Mar. 2017 .

Oman Fisheries CoOG's Total Inventories for the quarter that ended in Mar. 2018 was ر.ع3.83 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Oman Fisheries CoOG's Days Inventory for the quarter that ended in Mar. 2018 was 67.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. Oman Fisheries CoOG's Inventory Turnover for the quarter that ended in Mar. 2018 was 1.35.

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. Oman Fisheries CoOG's Inventory-to-Revenue for the quarter that ended in Mar. 2018 was 0.68.

Oman Fisheries CoOG  (MUS:OFCI) Change In Inventory Explanation

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

Oman Fisheries CoOG's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=3.88/5.224*365 / 4
=67.77

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

Oman Fisheries CoOG's Inventory Turnover for the quarter that ended in Mar. 2018 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=5.224 / 3.88
=1.35

3. 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.

Oman Fisheries CoOG's Inventory to Revenue for the quarter that ended in Mar. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=3.88 / 5.742
=0.68

* 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.

Oman Fisheries CoOG Change In Inventory Related Terms

Oman Fisheries CoOG Change In Inventory Historical Data

* Premium members only.

The historical data trend for Oman Fisheries CoOG's Change In 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.

Oman Fisheries CoOG Change In Inventory Chart

Oman Fisheries CoOG Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.23 0.03 -2.42 2.98 0.47

Oman Fisheries CoOG Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Dec18
Change In 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 Premium Member Only 0.09 -0.94 -1.42 0.10 0.00

Oman Fisheries CoOG Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was ر.ع-2.17 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of ر.ع-2.17 Mil mean?
Oman Fisheries CoOG (MUS:OFCI) has a Change In Inventory of ر.ع-2.17 Mil as of Mar. 2018. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Oman Fisheries CoOG and its competitors.
Is Oman Fisheries CoOG's Change In Inventory too high?
Oman Fisheries CoOG's current Change In Inventory is ر.ع-2.17 Mil.
How does Oman Fisheries CoOG's Change In Inventory compare to PLAG and MMMB?
Oman Fisheries CoOG's Change In Inventory of ر.ع-2.17 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Consumer Packaged Goods company?
A good Change In Inventory depends on the Consumer Packaged Goods industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Oman Fisheries CoOG and its competitors. Oman Fisheries CoOG's current Change In Inventory is ر.ع-2.17 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oman Fisheries CoOG stock overvalued right now?
Oman Fisheries CoOG (MUS:OFCI) has a current Change In Inventory of ر.ع-2.17 Mil. The current Change In Inventory is ر.ع-2.17 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Oman Fisheries CoOG (MUS:OFCI), the current Change In Inventory is ر.ع-2.17 Mil as of Mar. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Oman Fisheries CoOG Business Description

Address Ruwi, P.O Box 2900, Muscat, OMN, 112
Oman Fisheries Co SAOG is a fishing company. The company is engaged in the procurement, processing, and sale of fresh, frozen and coated fish, fishing and the sale of fishing rights. It offers the widest range of seafood including demersal and pelagic, tuna, cephalopods, crustaceans, fresh fish and breaded seafood products. It also provides storage and logistics services. It generates the majority of the revenue from Far East countries.