Omnia Holdings (JSE:OMN) Inventory Turnover : 1.78 (As of Sep. 2023)

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What is Omnia Holdings Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Omnia Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was R8,292 Mil. Omnia Holdings's Average Total Inventories for the quarter that ended in Sep. 2023 was R4,665 Mil. Omnia Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Omnia Holdings's Days Inventory for the six months ended in Sep. 2023 was 102.67.

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. Omnia Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.45.

Omnia Holdings Inventory Turnover Historical Data

The historical data trend for Omnia Holdings's Inventory Turnover 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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Omnia Holdings Inventory Turnover Chart

Omnia Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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3.59

3.73

3.71

4.53

4.84

Omnia Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															1.98	2.10	1.50	1.90	1.78

Omnia Holdings Inventory Turnover Calculation

Omnia Holdings's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	21354	/ (	(4175	+	4651)	/	2 )
=	21354	/	4413
=	4.84

Omnia Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	8292	/ (	(4651	+	4679)	/	2 )
=	8292	/	4665
=	1.78

Omnia Holdings (JSE:OMN) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Omnia Holdings's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	4665	/	8292	*	365 / 2
	=	102.67

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.

Omnia Holdings's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	4665	/	10448
	=	0.45

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Omnia Holdings Inventory Turnover Related Terms

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Omnia Holdings (JSE:OMN) Business Description

Industry

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OHZ:Germany

Address

Omnia House, Building H, Monte Circle Office Park, 178 Montecasino Boulevard, Fourways, Sandton, Johannesburg, GT, ZAF, 2191

Website

https://www.omnia.co.za

Omnia Holdings Ltd is a holding company that, through its subsidiaries, manufactures and sells a variety of chemicals and chemical-based products. The firm's three segments are based on the end customer. The mining segment sells explosives and mining accessories to the mining, quarrying, and construction industries. The agriculture segment which generates the majority of revenue sells fertilizers and nutrients to the agricultural industry. The chemicals segment sells chemicals used to treat drinking water as well as chemicals used to produce renewable energy materials and animal nutrition products. The vast majority of revenue comes from Africa.