Oman Flour Mills (MUS:OFMI) Change In Inventory: ر.ع7.1 Mil (TTM As of Dec. 2023)

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MUS:OFMI Oman Flour Mills MUS:OFMI
72 GF Score
Price ر.ع0.58
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What is Oman Flour Mills Change In Inventory?

Oman Flour Mills MUS:OFMI 72 Change In Inventory is ر.ع7.1 Mil as of Dec. 2023. GuruFocus rates MUS:OFMI with a GF Score™ of 72/100.

Oman Flour Mills's change in inventory for the quarter that ended in Dec. 2023 was ر.ع7.1 Mil. It means Oman Flour Mills's inventory declined by ر.ع7.1 Mil from Dec. 2022 to Dec. 2023 .

Oman Flour Mills's change in inventory for the fiscal year that ended in Dec. 2023 was ر.ع7.1 Mil. It means Oman Flour Mills's inventory declined by ر.ع7.1 Mil from Dec. 2022 to Dec. 2023 .

Oman Flour Mills's Total Inventories for the quarter that ended in Dec. 2023 was ر.ع24.4 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Oman Flour Mills's Days Inventory for the quarter that ended in Dec. 2023 was 47.92.

Inventory Turnover measures how fast the company turns over its inventory within a year. Oman Flour Mills's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.81.

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 Flour Mills's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.22.

Oman Flour Mills  (MUS:OFMI) Change In Inventory Explanation

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

Oman Flour Mills's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=27.7845/105.823*365 / 2
=47.92

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

Oman Flour Mills's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=105.823 / 27.7845
=3.81

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 Flour Mills's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=27.7845 / 123.945
=0.22

* 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 Flour Mills Change In Inventory Related Terms

Oman Flour Mills Change In Inventory Historical Data

* Premium members only.

The historical data trend for Oman Flour Mills'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 Flour Mills Change In Inventory Chart

Oman Flour Mills Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 2.91 -16.65 2.05 7.09

Oman Flour Mills Semi-Annual Data
Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Dec21 Dec22 Dec23
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 0.34 2.91 -16.65 2.05 7.09
MUS:OFMI
72GF Score
Oman Flour Mills MUS:OFMI
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Oman Flour Mills Change In Inventory Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 was ر.ع7.1 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.ع7.1 Mil mean?
Oman Flour Mills (MUS:OFMI) has a Change In Inventory of ر.ع7.1 Mil as of Dec. 2023. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Oman Flour Mills and its competitors.
Is Oman Flour Mills' Change In Inventory too high?
Oman Flour Mills' current Change In Inventory is ر.ع7.1 Mil. Overall, Oman Flour Mills has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Oman Flour Mills' Change In Inventory compare to JBS and KHC?
Oman Flour Mills' Change In Inventory of ر.ع7.1 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 Flour Mills and its competitors. Oman Flour Mills's current Change In Inventory is ر.ع7.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oman Flour Mills stock overvalued right now?
Oman Flour Mills (MUS:OFMI) has a current Change In Inventory of ر.ع7.1 Mil. The current Change In Inventory is ر.ع7.1 Mil. Oman Flour Mills' overall GF Score™ is 72/100. 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 Flour Mills (MUS:OFMI), the current Change In Inventory is ر.ع7.1 Mil as of Dec. 2023. 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 Flour Mills Business Description

Address P.O. Box 566, Ruwi, OMN, 112
Oman Flour Mills is an Oman-based company engaged in the milling of wheat and other cereals and sale of flour, and the processing and sale of animal feed. In addition, the company through its subsidiaries is also involved in the production and sale of eggs, and selling and distribution of franchise frozen bakery products. The group generates the majority of the revenue from the sale of Feed and related products. The company markets its flour mill products through Dahabi brand and feed mill products through Barakat brand.
72GF Score

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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ر.ع0.58
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