Omer SpA (MIL:OMER) Days Inventory : 169.66 (As of Dec. 2023)

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What is Omer SpA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Omer SpA's Average Total Inventories for the six months ended in Dec. 2023 was €15.65 Mil. Omer SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €16.83 Mil. Hence, Omer SpA's Days Inventory for the six months ended in Dec. 2023 was 169.66.

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

MIL:OMER' s Days Inventory Range Over the Past 10 Years
Min: 102.77 Med: 154.72 Max: 190.9
Current: 169.61

During the past 6 years, Omer SpA's highest Days Inventory was 190.90. The lowest was 102.77. And the median was 154.72.

MIL:OMER's Days Inventory is ranked worse than
68.6% of 2911 companies
in the Industrial Products industry
Industry Median: 120.59 vs MIL:OMER: 169.61

Omer SpA's Days Inventory declined from Dec. 2022 (223.27) to Dec. 2023 (169.66).

Inventory Turnover measures how fast the company turns over its inventory within a year. Omer SpA's Inventory Turnover for the six months ended in Dec. 2023 was 1.08.

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. Omer SpA's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.46.

Omer SpA Days Inventory Historical Data

The historical data trend for Omer SpA'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.

Omer SpA Days Inventory Chart

Omer SpA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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102.77

141.39

168.04

190.90

174.70

Omer SpA Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial				191.28	190.95	223.27	164.71	169.66

Competitive Comparison of Omer SpA's Days Inventory

For the Tools & Accessories subindustry, Omer SpA'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.

Omer SpA's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Omer SpA's Days Inventory distribution charts can be found below:

* The bar in red indicates where Omer SpA's Days Inventory falls into.

Omer SpA Days Inventory Calculation

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

Omer SpA'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
=	( (17.979	+	15.854)	/	2 )	/	35.343	*	365
=	16.9165					/	35.343	*	365
=	174.70

Omer SpA'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
=	( (15.438	+	15.854)	/	2 )	/	16.83	*	365 / 2
=	15.646					/	16.83	*	365 / 2
=	169.66

Omer SpA (MIL:OMER) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	16.83	/	15.646
	=	1.08

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	15.646	/	34.118
	=	0.46

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.

Omer SpA Days Inventory Related Terms

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

Omer SpA (MIL:OMER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Omer SpA (MIL:OMER) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

9WR:Germany

Address

Via Foresto, 42, Susegana, ITA, 31058

Website

https://www.omerspa.com

Omer SpA is engaged in the design, production and sale of power tools and the relevant fasteners. Its products include Pneumatic tools and fasteners, Industrial staples under the brand's More, Omer USA, Omer Hungary, Velo, Rapter, Black Magic among others.