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Omnia Holdings (JSE:OMN) Days Inventory : 102.67 (As of Sep. 2023)


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What is Omnia Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Omnia Holdings's Average Total Inventories for the six months ended in Sep. 2023 was R4,665 Mil. Omnia Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was R8,292 Mil. Hence, Omnia Holdings's Days Inventory for the six months ended in Sep. 2023 was 102.67.

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

JSE:OMN' s Days Inventory Range Over the Past 10 Years
Min: 75.43   Med: 99.41   Max: 106.79
Current: 103.79

During the past 13 years, Omnia Holdings's highest Days Inventory was 106.79. The lowest was 75.43. And the median was 99.41.

JSE:OMN's Days Inventory is ranked worse than
65.03% of 449 companies
in the Conglomerates industry
Industry Median: 73.45 vs JSE:OMN: 103.79

Omnia Holdings's Days Inventory declined from Sep. 2022 (121.43) to Sep. 2023 (102.67).

Inventory Turnover measures how fast the company turns over its inventory within a year. Omnia Holdings's Inventory Turnover for the six months ended in Sep. 2023 was 1.78.

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. Omnia Holdings's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.45.


Omnia Holdings Days Inventory Historical Data

The historical data trend for Omnia Holdings'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.

Omnia Holdings Days Inventory Chart

Omnia Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 101.64 97.90 98.36 80.54 75.43

Omnia Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 Premium Member Only 92.38 86.93 121.43 95.84 102.67

Competitive Comparison of Omnia Holdings's Days Inventory

For the Conglomerates subindustry, Omnia Holdings'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.


Omnia Holdings's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Omnia Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Omnia Holdings's Days Inventory falls into.



Omnia Holdings Days Inventory Calculation

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

Omnia Holdings's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (4175 + 4651) / 2 ) / 21354*365
=4413 / 21354*365
=75.43

Omnia Holdings's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (4651 + 4679) / 2 ) / 8292*365 / 2
=4665 / 8292*365 / 2
=102.67

* 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.


Omnia Holdings  (JSE:OMN) 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.

Omnia Holdings's Inventory Turnover for the six months ended in Sep. 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.

Omnia Holdings's Inventory to Revenue for the six months ended in Sep. 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.


Omnia Holdings Days Inventory Related Terms

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


Omnia Holdings (JSE:OMN) Business Description

Traded in Other Exchanges
Address
Omnia House, Building H, Monte Circle Office Park, 178 Montecasino Boulevard, Fourways, Sandton, Johannesburg, GT, ZAF, 2191
Omnia Holdings Ltd is a holding company that, through its subsidiaries, manufactures and sells a variety of chemicals and chemical-based products. The firm's three segments are based on the end customer. The mining segment sells explosives and mining accessories to the mining, quarrying, and construction industries. The agriculture segment which generates the majority of revenue sells fertilizers and nutrients to the agricultural industry. The chemicals segment sells chemicals used to treat drinking water as well as chemicals used to produce renewable energy materials and animal nutrition products. The vast majority of revenue comes from Africa.

Omnia Holdings (JSE:OMN) Headlines

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