Omni Ventures (Omni Ventures) Days Inventory : 90.99 (As of Jun. 2012)

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What is Omni Ventures Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Omni Ventures's Average Total Inventories for the three months ended in Jun. 2012 was $0.17 Mil. Omni Ventures's Cost of Goods Sold for the three months ended in Jun. 2012 was $0.17 Mil. Hence, Omni Ventures's Days Inventory for the three months ended in Jun. 2012 was 90.99.

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

OMVE's Days Inventory is not ranked ^*
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 130.14
* Ranked among companies with meaningful Days Inventory only.

Omni Ventures's Days Inventory declined from Jun. 2011 (3,639.26) to Jun. 2012 (90.99).

Inventory Turnover measures how fast the company turns over its inventory within a year. Omni Ventures's Inventory Turnover for the three months ended in Jun. 2012 was 1.00.

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. Omni Ventures's Inventory-to-Revenue for the three months ended in Jun. 2012 was 5.78.

Omni Ventures Days Inventory Historical Data

The historical data trend for Omni Ventures'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.

Omni Ventures Days Inventory Chart

Omni Ventures Annual Data

Trend

Sep09

Sep10

Sep11

Days Inventory

180.98

Omni Ventures Quarterly Data
	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12
Days Inventory	Get a 7-Day Free Trial										3,639.26	291.80	9,832.19	23,451.25	90.99

Competitive Comparison of Omni Ventures's Days Inventory

For the Apparel Manufacturing subindustry, Omni Ventures'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.

Omni Ventures's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Omni Ventures's Days Inventory distribution charts can be found below:

* The bar in red indicates where Omni Ventures's Days Inventory falls into.

Omni Ventures Days Inventory Calculation

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

Omni Ventures's Days Inventory for the fiscal year that ended in Sep. 2011 is calculated as

	Days Inventory (A: Sep. 2011 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2010 )	+	Total Inventories (A: Sep. 2011 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2011 )	*	Days in Period
=	( (0	+	0.179)	/	1 )	/	0.361	*	365
=	0.179					/	0.361	*	365
=	180.98

Omni Ventures's Days Inventory for the quarter that ended in Jun. 2012 is calculated as:

	Days Inventory (Q: Jun. 2012 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2012 )	+	Total Inventories (Q: Jun. 2012 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2012 )	*	Days in Period
=	( (0.262	+	0.085)	/	2 )	/	0.174	*	365 / 4
=	0.1735					/	0.174	*	365 / 4
=	90.99

Omni Ventures (OTCPK:OMVE) 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.

Omni Ventures's Inventory Turnover for the three months ended in Jun. 2012 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.174	/	0.1735
	=	1.00

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.

Omni Ventures's Inventory to Revenue for the three months ended in Jun. 2012 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.1735	/	0.03
	=	5.78

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.

Omni Ventures Days Inventory Related Terms

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

Omni Ventures (Omni Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Omni Ventures Inc (OTCPK:OMVE) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

10940 Parallel Parkway, Suite K-257, Kansas City, KS, USA, 66109

Website

http://www.omve.net

Omni Ventures Inc through its wholly-owned subsidiary is primarily involved in the apparel design, manufacturing and distribution activities.

Executives

Bruce Harmon

officer: Chief Financial Officer

316 DEL PRADO BLVD. S., SUITE 204, CAPE CORAL FL 33990

Omni Ventures (Omni Ventures) Headlines

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