Oman Ceramics CoOG (MUS:OMCI) Inventory Turnover : 0.35 (As of Mar. 2018)

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What is Oman Ceramics CoOG 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. Oman Ceramics CoOG's Cost of Goods Sold for the three months ended in Mar. 2018 was ر.ع0.46 Mil. Oman Ceramics CoOG's Average Total Inventories for the quarter that ended in Mar. 2018 was ر.ع1.30 Mil. Oman Ceramics CoOG's Inventory Turnover for the quarter that ended in Mar. 2018 was 0.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Oman Ceramics CoOG's Days Inventory for the three months ended in Mar. 2018 was 257.62.

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 Ceramics CoOG's Inventory-to-Revenue for the quarter that ended in Mar. 2018 was 2.68.

Oman Ceramics CoOG Inventory Turnover Historical Data

The historical data trend for Oman Ceramics CoOG'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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Oman Ceramics CoOG Inventory Turnover Chart

Oman Ceramics CoOG Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Inventory Turnover

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2.70

2.55

2.47

1.87

1.83

Oman Ceramics CoOG Quarterly Data
	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18
Inventory Turnover	Get a 7-Day Free Trial															0.46	0.47	0.37	0.57	0.35

Oman Ceramics CoOG Inventory Turnover Calculation

Oman Ceramics CoOG's Inventory Turnover for the fiscal year that ended in Dec. 2017 is calculated as

	Inventory Turnover (A: Dec. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2017 )	/ (	(Total Inventories (A: Dec. 2016 )	+	Total Inventories (A: Dec. 2017 ))	/	count )
=	2.652	/ (	(1.545	+	1.348)	/	2 )
=	2.652	/	1.4465
=	1.83

Oman Ceramics CoOG's Inventory Turnover for the quarter that ended in Mar. 2018 is calculated as

	Inventory Turnover (Q: Mar. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2018 )	/ (	(Total Inventories (Q: Dec. 2017 )	+	Total Inventories (Q: Mar. 2018 ))	/	count )
=	0.461	/ (	(1.348	+	1.255)	/	2 )
=	0.461	/	1.3015
=	0.35

Oman Ceramics CoOG (MUS:OMCI) 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.

Oman Ceramics CoOG's Days Inventory for the three months ended in Mar. 2018 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2018 )	/	Cost of Goods Sold (Q: Mar. 2018 )	*	Days in Period
	=	1.3015	/	0.461	*	365 / 4
	=	257.62

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 Ceramics CoOG's Inventory to Revenue for the quarter that ended in Mar. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2018 )	/	Revenue (Q: Mar. 2018 )
	=	1.3015	/	0.486
	=	2.68

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.

Oman Ceramics CoOG Inventory Turnover Related Terms

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Oman Ceramics CoOG (MUS:OMCI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Oman Ceramics Co SAOG (MUS:OMCI) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Road No .9, Sohar Industrial Estate, P.O.Box 46, Sohar, OMN, 327

Website

http://www.omanceramics.com

Oman Ceramics Co SAOG is principally engaged in manufacturing and selling of various types of ceramic sanitary wares. The product line of the company includes water closet, wash basin, bidet, accessories, urinals, shower tray, seat covers, flushing machine, mixers, showers, shattaf, and angle valve and others. The company markets its products in various countries such as UK, USA, UAE, Saudi Arabia, Bahrain, Qatar, Kuwait, Jordan, Syria, India, Yemen and South Africa. Oman Ceramics operates through the single segment being the Manufacture of ceramic sanitary wares and related products.

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