Oman Fisheries CoOG (MUS:OFCI) Days Inventory: 67.77 (As of Mar. 2018)

What is Oman Fisheries CoOG Days Inventory?

Oman Fisheries CoOG MUS:OFCI Days Inventory is 67.77 as of Mar. 2018.

Days Inventory is also known as Days Sales of Inventory (DSI). Oman Fisheries CoOG's Average Total Inventories for the three months ended in Mar. 2018 was ر.ع3.88 Mil. Oman Fisheries CoOG's Cost of Goods Sold for the three months ended in Mar. 2018 was ر.ع5.22 Mil. Hence, Oman Fisheries CoOG's Days Inventory for the three months ended in Mar. 2018 was 67.77.

The historical rank and industry rank for Oman Fisheries CoOG's Days Inventory or its related term are showing as below:

MUS:OFCI's Days Inventory is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 82.945
* Ranked among companies with meaningful Days Inventory only.

Oman Fisheries CoOG's Days Inventory increased from Mar. 2017 (33.13) to Mar. 2018 (67.77). It might indicate that Oman Fisheries CoOG's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Oman Fisheries CoOG's Inventory Turnover for the three months 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 three months ended in Mar. 2018 was 0.68.

Oman Fisheries CoOG (MUS:OFCI) 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.

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

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

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.

Oman Fisheries CoOG's Inventory to Revenue for the three months 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.

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.

Oman Fisheries CoOG Days Inventory Related Terms

Oman Fisheries CoOG Days Inventory Historical Data

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The historical data trend for Oman Fisheries CoOG's Days Inventory can be seen below:

Oman Fisheries CoOG Days Inventory Chart

Oman Fisheries CoOG Annual Data

Trend

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Days Inventory

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50.21

77.07

78.15

60.61

29.96

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
Days Inventory	Get a 7-Day Free Trial															50.00	36.20	44.53	67.77	0.00

MUS:OFCI vs PLAG, MMMB, OPCO: Days Inventory Comparison

For the Packaged Foods subindustry, Oman Fisheries CoOG'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.

Oman Fisheries CoOG Days Inventory vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Oman Fisheries CoOG's Days Inventory distribution charts can be found below:

* The bar in red indicates where Oman Fisheries CoOG's Days Inventory falls into.

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Oman Fisheries CoOG Days Inventory Calculation

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 fiscal year that ended in Mar. 2017 is calculated as

	Days Inventory (A: Mar. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2016 )	+	Total Inventories (A: Mar. 2017 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2017 )	*	Days in Period
=	( (2.134	+	1.663)	/	2 )	/	23.127	*	365
=	1.8985					/	23.127	*	365
=	29.96

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

	Days Inventory (Q: Mar. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2017 )	+	Total Inventories (Q: Mar. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2018 )	*	Days in Period
=	( (3.928	+	3.832)	/	2 )	/	5.224	*	365 / 4
=	3.88					/	5.224	*	365 / 4
=	67.77

Frequently Asked Questions Learn more about Days Inventory →

What does a Days Inventory of 67.77 mean?

Oman Fisheries CoOG (MUS:OFCI) has a Days Inventory of 67.77 as of Mar. 2018. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Oman Fisheries CoOG and its competitors.

Is Oman Fisheries CoOG's Days Inventory too high?

Oman Fisheries CoOG's current Days Inventory is 67.77. The Consumer Packaged Goods industry median Days Inventory is 82.95. Oman Fisheries CoOG's value of 67.77 is 18.3% below this industry median.

How does Oman Fisheries CoOG's Days Inventory compare to PLAG and MMMB?

Oman Fisheries CoOG's Days Inventory of 67.77 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Inventory is 82.95. Oman Fisheries CoOG's value of 67.77 is 18.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Days Inventory for a Consumer Packaged Goods company?

The median Days Inventory among Consumer Packaged Goods companies is 82.95, based on 1,870 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Oman Fisheries CoOG's current Days Inventory of 67.77 is 18.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Days Inventory mean?

A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Oman Fisheries CoOG and its competitors. For the Consumer Packaged Goods industry, the median Days Inventory is 82.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oman Fisheries CoOG's current Days Inventory is 67.77. 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 Days Inventory of 67.77. The current Days Inventory is 67.77 and 18.3% below the Consumer Packaged Goods industry median of 82.95. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Days Inventory calculated?

Days Inventory is calculated from a company's financial statements. For Oman Fisheries CoOG (MUS:OFCI), the current Days Inventory is 67.77 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

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies XCNQ:GABY TSE:2813 XKLS:0180 NSE:GOKULAGRO BAH:BFM PLAG BAH:POLTRY MMMB BOM:519295 XKRX:267060 XKRX:025870 BOM:531882 OPCO COL:LMF.N0000 DHA:FUWANGFOOD HKSE:01340 BUE:INTR HKSE:01695 XCNQ:KBEV BOM:532143

Address Ruwi, P.O Box 2900, Muscat, OMN, 112

Website https://www.omanfisheries.com

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.