Oman Flour Mills (MUS:OFMI) Days Inventory: 95.83 (As of Dec. 2023)


MUS:OFMI Oman Flour Mills MUS:OFMI
72 GF Score
Price ر.ع0.56
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What is Oman Flour Mills Days Inventory?

Oman Flour Mills MUS:OFMI -1.25% 72 Days Inventory is 95.83 as of Dec. 2023. GuruFocus rates MUS:OFMI with a GF Score™ of 72/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Oman Flour Mills's Average Total Inventories for the six months ended in Dec. 2023 was ر.ع27.8 Mil. Oman Flour Mills's Cost of Goods Sold for the six months ended in Dec. 2023 was ر.ع105.8 Mil. Hence, Oman Flour Mills's Days Inventory for the six months ended in Dec. 2023 was 47.92.

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

MUS:OFMI's Days Inventory is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 82.85
* Ranked among companies with meaningful Days Inventory only.

Oman Flour Mills's Days Inventory declined from Dec. 2021 (96.30) to Dec. 2023 (95.83).

Inventory Turnover measures how fast the company turns over its inventory within a year. Oman Flour Mills's Inventory Turnover for the six months 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 six months ended in Dec. 2023 was 0.22.


Oman Flour Mills  (MUS:OFMI) 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 Flour Mills's Inventory Turnover for the six months ended in Dec. 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.

Oman Flour Mills's Inventory to Revenue for the six months ended in Dec. 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.


Oman Flour Mills Days Inventory Related Terms


Oman Flour Mills Days Inventory Historical Data

* Premium members only.

The historical data trend for Oman Flour Mills'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.

Oman Flour Mills Days Inventory Chart

Oman Flour Mills Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.81 67.66 96.30 114.34 95.83

Oman Flour Mills Semi-Annual Data
Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Dec21 Dec22 Dec23
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 76.81 67.66 96.30 114.34 95.83

MUS:OFMI vs JBS, KHC, K: Days Inventory Comparison

For the Packaged Foods subindustry, Oman Flour Mills'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 Flour Mills Days Inventory vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Oman Flour Mills's Days Inventory falls into.


MUS:OFMI
72GF Score
Oman Flour Mills MUS:OFMI
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Oman Flour Mills Days Inventory Calculation

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 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
=( (31.201 + 24.368) / 2 ) / 105.823*365
=27.7845 / 105.823*365
=95.83

Oman Flour Mills'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: Dec. 2022 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (31.201 + 24.368) / 2 ) / 105.823*365 / 2
=27.7845 / 105.823*365 / 2
=47.92

* 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 Days Inventory →
What does a Days Inventory of 95.83 mean?
Oman Flour Mills (MUS:OFMI) has a Days Inventory of 95.83 as of Dec. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Oman Flour Mills and its competitors.
Is Oman Flour Mills' Days Inventory too high?
Oman Flour Mills' current Days Inventory is 95.83. The Consumer Packaged Goods industry median Days Inventory is 82.85. Oman Flour Mills' value of 95.83 is 15.7% above this industry median. 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' Days Inventory compare to JBS and KHC?
Oman Flour Mills' Days Inventory of 95.83 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Inventory is 82.85. Oman Flour Mills' value of 95.83 is 15.7% above 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 82.85, based on 1,865 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 Flour Mills's current Days Inventory of 95.83 is 15.7% above 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 Flour Mills and its competitors. For the Consumer Packaged Goods industry, the median Days Inventory is 82.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oman Flour Mills's current Days Inventory is 95.83. 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 Days Inventory of 95.83. The current Days Inventory is 95.83 and 15.7% above the Consumer Packaged Goods industry median of 82.85. 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 Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Oman Flour Mills (MUS:OFMI), the current Days Inventory is 95.83 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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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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