OMI (Owens & Minor) Days Payable : 57.41 (As of Sep. 2024)

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What is Owens & Minor Days Payable?

Owens & Minor's average Accounts Payable for the three months ended in Sep. 2024 was $1,360 Mil. Owens & Minor's Cost of Goods Sold for the three months ended in Sep. 2024 was $2,161 Mil. Hence, Owens & Minor's Days Payable for the three months ended in Sep. 2024 was 57.41.

The historical rank and industry rank for Owens & Minor's Days Payable or its related term are showing as below:

OMI' s Days Payable Range Over the Past 10 Years
Min: 27.64 Med: 43.15 Max: 54.35
Current: 54.35

During the past 13 years, Owens & Minor's highest Days Payable was 54.35. The lowest was 27.64. And the median was 43.15.

OMI's Days Payable is ranked worse than
71.15% of 104 companies
in the Medical Distribution industry
Industry Median: 76.34 vs OMI: 54.35

Owens & Minor's Days Payable increased from Sep. 2023 (52.81) to Sep. 2024 (57.41). It may suggest that Owens & Minor delayed paying its suppliers.

Owens & Minor Days Payable Historical Data

The historical data trend for Owens & Minor's Days Payable 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.

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Owens & Minor Days Payable Chart

Owens & Minor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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42.30

45.84

44.17

48.25

51.56

Owens & Minor Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															52.81	51.49	52.51	55.79	57.41

Competitive Comparison of Owens & Minor's Days Payable

For the Medical Distribution subindustry, Owens & Minor's Days Payable, along with its competitors' market caps and Days Payable 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.

Owens & Minor's Days Payable Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Owens & Minor's Days Payable distribution charts can be found below:

* The bar in red indicates where Owens & Minor's Days Payable falls into.

Owens & Minor Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Owens & Minor's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (1147.414	+	1171.882)	/	2 )	/	8208.806	*	365
=	1159.648					/	8208.806	*	365
=	51.56

Owens & Minor's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (1381.871	+	1338.021)	/	2 )	/	2161.419	*	365 / 4
=	1359.946					/	2161.419	*	365 / 4
=	57.41

Owens & Minor Days Payable Related Terms

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Owens & Minor Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Owens & Minor Inc (NYSE:OMI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

9120 Lockwood Boulevard, Mechanicsville, VA, USA, 23116

Website

https://www.owens-minor.com

Owens & Minor Inc distributes consumable medical supplies to a variety of providers. The business is under two segments: Products & Healthcare Services and Patient Direct. The Products & Healthcare Services segment manufactures and sources medical surgical products through its production and kitting operations and provides medical supplies and solutions for the prevention of healthcare-associated infections across the acute and alternate site channels. The Patient Direct segment provides delivery of disposable medical supplies sold directly to patients and home health agencies. Majority of the revenue is generated from Products & Healthcare Services segment.

Executives

Jonathan A Leon	officer: SVP, Corporate Treasurer	OWENS & MINOR, INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Snehashish Sarkar	other: Chief Information Officer	OWENS & MINOR INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Perry A Bernocchi	officer: EVP & CEO Patient Direct	OWENS & MINOR, INC, 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Mark A Beck	director	2200 PENNSYLVANIA AVENUE, NW, SUITE 800W, WASHINGTON DC 20037
Alexander J Bruni	officer: EVP, CFO	OWENS & MINOR, INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Heath H Galloway	officer: EVP,General Counsel & CorpSecy	OWENS & MINOR, INC, 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Michael Wayne Lowry	other: & Interim Chief Acctg Officer	9120 LOCKWOOD BOULEVARD, MECHANICSVILLE VA 23116
Edward A Pesicka	director, officer: President & CEO	9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Robert J Henkel	director	C/O OWENS & MINOR, INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Carissa Rollins	director	5200 ILLUMINA WAY, SAN DIEGO CA 92122
Tammy L Gomez	officer: EVP, CHRO	OWENS & MINOR, INC., 9120 LOCKWOOD BOULEVARD, MECHANICSVILLE VA 23116
Jeffrey T Jochims	officer: EVP, Strategy & Solutions	OWENS & MINOR, INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116
Teresa L. Kline	director	C/O INTERSECT ENT, INC., 1555 ADAMS DRIVE, MENLO PARK CA 94025
Rita Johnson-mills	director	C/O BROOKDALE SENIOR LIVING INC., 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Gwendolyn M Bingham	director	C/O OWENS & MINOR, INC., 9120 LOCKWOOD BLVD, MECHANICSVILLE VA 23116