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Omh Science Group Co (SZSE:300486) Days Inventory : 258.33 (As of Mar. 2024)


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What is Omh Science Group Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Omh Science Group Co's Average Total Inventories for the three months ended in Mar. 2024 was ¥507.9 Mil. Omh Science Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥179.4 Mil. Hence, Omh Science Group Co's Days Inventory for the three months ended in Mar. 2024 was 258.33.

The historical rank and industry rank for Omh Science Group Co's Days Inventory or its related term are showing as below:

SZSE:300486' s Days Inventory Range Over the Past 10 Years
Min: 113.5   Med: 211.19   Max: 485.52
Current: 231.68

During the past 13 years, Omh Science Group Co's highest Days Inventory was 485.52. The lowest was 113.50. And the median was 211.19.

SZSE:300486's Days Inventory is ranked worse than
81.54% of 2904 companies
in the Industrial Products industry
Industry Median: 121.615 vs SZSE:300486: 231.68

Omh Science Group Co's Days Inventory declined from Mar. 2023 (260.62) to Mar. 2024 (258.33).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Omh Science Group Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.35.

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. Omh Science Group Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.40.


Omh Science Group Co Days Inventory Historical Data

The historical data trend for Omh Science Group Co'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.

Omh Science Group Co Days Inventory Chart

Omh Science Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 279.74 174.55 121.96 113.50 198.31

Omh Science Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 260.62 185.59 523.81 175.63 258.33

Competitive Comparison of Omh Science Group Co's Days Inventory

For the Specialty Industrial Machinery subindustry, Omh Science Group Co'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.


Omh Science Group Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Omh Science Group Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Omh Science Group Co's Days Inventory falls into.



Omh Science Group Co Days Inventory Calculation

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

Omh Science Group Co'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
=( (283.749 + 546.971) / 2 ) / 764.474*365
=415.36 / 764.474*365
=198.31

Omh Science Group Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (546.971 + 468.732) / 2 ) / 179.39*365 / 4
=507.8515 / 179.39*365 / 4
=258.33

* 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.


Omh Science Group Co  (SZSE:300486) 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.

Omh Science Group Co's Inventory Turnover for the three months ended in Mar. 2024 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.

Omh Science Group Co's Inventory to Revenue for the three months ended in Mar. 2024 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.


Omh Science Group Co Days Inventory Related Terms

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


Omh Science Group Co (SZSE:300486) Business Description

Traded in Other Exchanges
N/A
Address
No.51, Xinlan Road, Shanxi, Taiyuan, CHN, 030008
Omh Science Group Co Ltd operates through wholly-owned subsidiaries. It provides EPC services for intelligent manufacturing systems, and intelligent solutions to production, warehousing, sorting, delivery, and three-dimensional parking.
Executives
Liang Yan Sheng Director
Liang Chun Sheng Executives
Wang Zhen Guo Executives
Zhang Lu Executives
Wang Yong Hong Directors, executives
Zhang Xin Hai Directors, executives
Lin Wan Huan Directors, executives
Guo Qiang Zhong Executives
Cao Jun Executives
Zhang Xiao Jun Supervisors
Yao Zhang Jie Director
Zhang Dong Executives
Zhang Bing Qing Supervisors
Wang Zhi Director
Jia Jun Ting Directors, executives

Omh Science Group Co (SZSE:300486) Headlines

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