Oman Flour Mills (MUS:OFMI) Total Inventories: ر.ع24.4 Mil (As of Dec. 2023)


MUS:OFMI Oman Flour Mills MUS:OFMI
72 GF Score
Price ر.ع0.56
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What is Oman Flour Mills Total Inventories?

Oman Flour Mills MUS:OFMI 72 Total Inventories is ر.ع24.4 Mil as of Dec. 2023. GuruFocus rates MUS:OFMI with a GF Score™ of 72/100.

Oman Flour Mills's total inventories for the quarter that ended in Dec. 2023 was ر.ع24.4 Mil. Oman Flour Mills's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Dec. 2023 was ر.ع27.8 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Oman Flour Mills's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ر.ع-0.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Oman Flour Mills's Days Inventory for the six months ended in Dec. 2023 was 47.92.

Inventory Turnover measures how fast the company turns over its inventory within a year. Oman Flour Mills's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.81.

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 Flour Mills's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.22.


Oman Flour Mills  (MUS:OFMI) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Oman Flour Mills's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(14.462+0.75 * 21.898+0.5 * 24.368-93.428
-0--0.779)/173.644
=-0.29

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

Oman Flour Mills's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=27.7845/105.823*365 / 2
=47.92

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Oman Flour Mills's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=105.823 / 27.7845
=3.81

4. 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 Flour Mills's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=27.7845 / 123.945
=0.22

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Oman Flour Mills Total Inventories Related Terms


Oman Flour Mills Total Inventories Historical Data

* Premium members only.

The historical data trend for Oman Flour Mills's Total Inventories 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.

Oman Flour Mills Total Inventories Chart

Oman Flour Mills Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.64 9.56 33.24 31.20 24.37

Oman Flour Mills Semi-Annual Data
Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Dec21 Dec22 Dec23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.64 9.56 33.24 31.20 24.37
MUS:OFMI
72GF Score
Oman Flour Mills MUS:OFMI
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Oman Flour Mills Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of ر.ع24.4 Mil mean?
Oman Flour Mills (MUS:OFMI) has a Total Inventories of ر.ع24.4 Mil as of Dec. 2023. The total amount of inventory as recorded on a company's balance sheet. View historical data for Oman Flour Mills and its competitors.
Is Oman Flour Mills' Total Inventories too high?
Oman Flour Mills' current Total Inventories is ر.ع24.4 Mil. Overall, Oman Flour Mills has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Oman Flour Mills' Total Inventories compare to JBS and KHC?
Oman Flour Mills' Total Inventories of ر.ع24.4 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Consumer Packaged Goods company?
A good Total Inventories depends on the Consumer Packaged Goods industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Oman Flour Mills and its competitors. Oman Flour Mills's current Total Inventories is ر.ع24.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oman Flour Mills stock overvalued right now?
Oman Flour Mills (MUS:OFMI) has a current Total Inventories of ر.ع24.4 Mil. The current Total Inventories is ر.ع24.4 Mil. Oman Flour Mills' overall GF Score™ is 72/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Oman Flour Mills (MUS:OFMI), the current Total Inventories is ر.ع24.4 Mil as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Oman Flour Mills Business Description

Address P.O. Box 566, Ruwi, OMN, 112
Oman Flour Mills is an Oman-based company engaged in the milling of wheat and other cereals and sale of flour, and the processing and sale of animal feed. In addition, the company through its subsidiaries is also involved in the production and sale of eggs, and selling and distribution of franchise frozen bakery products. The group generates the majority of the revenue from the sale of Feed and related products. The company markets its flour mill products through Dahabi brand and feed mill products through Barakat brand.
72GF Score

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Total Inventories is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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