OMHE (Omni Health) Total Inventories: $0.29 Mil (As of Jan. 2017)


What is Omni Health Total Inventories?

Omni Health OMHE -96.67% Total Inventories is $0.29 Mil as of Jan. 2017.

Omni Health's total inventories for the quarter that ended in Jan. 2017 was $0.29 Mil. Omni Health's average total inventories from the quarter that ended in Oct. 2016 to the quarter that ended in Jan. 2017 was $0.28 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Omni Health's Net-Net Working Capital per share for the quarter that ended in Jan. 2017 was $-0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Omni Health's Days Inventory for the three months ended in Jan. 2017 was 23.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Omni Health's Inventory Turnover for the quarter that ended in Jan. 2017 was 3.88.

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. Omni Health's Inventory-to-Revenue for the quarter that ended in Jan. 2017 was 0.19.

Omni Health  (OTCPK:OMHE) 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.

Omni Health's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2017 is

Net-Net Working Capital Per Share (Q: Jan. 2017 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.008+0.75 * 0.839+0.5 * 0.286-1.794
-0-0)/975.829
=-0.00

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

Omni Health's Days Inventory for the three months ended in Jan. 2017 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2017 )/Cost of Goods Sold (Q: Jan. 2017 )*Days in Period
=0.2765/1.073*365 / 4
=23.51

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

Omni Health's Inventory Turnover for the quarter that ended in Jan. 2017 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2017 ) / Average Total Inventories (Q: Jan. 2017 )
=1.073 / 0.2765
=3.88

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.

Omni Health's Inventory to Revenue for the quarter that ended in Jan. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2017 ) / Revenue (Q: Jan. 2017 )
=0.2765 / 1.471
=0.19

* 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.

Omni Health Total Inventories Related Terms

Omni Health Total Inventories Historical Data

* Premium members only.

The historical data trend for Omni Health'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.

Omni Health Total Inventories Chart

Omni Health Annual Data
Trend Apr14 Apr15 Apr16
Total Inventories
0.08 0.03 0.03

Omni Health Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.03 0.28 0.27 0.29

Omni Health 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 $0.29 Mil mean?
Omni Health (OMHE) has a Total Inventories of $0.29 Mil as of Jan. 2017. The total amount of inventory as recorded on a company's balance sheet. View historical data for Omni Health and its competitors.
Is Omni Health's Total Inventories too high?
Omni Health's current Total Inventories is $0.29 Mil.
How does Omni Health's Total Inventories compare to MYDP and HEWA?
Omni Health's Total Inventories of $0.29 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Total Inventories depends on the Healthcare Providers & Services 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 Omni Health and its competitors. Omni Health's current Total Inventories is $0.29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Omni Health stock overvalued right now?
Omni Health (OMHE) has a current Total Inventories of $0.29 Mil. The current Total Inventories is $0.29 Mil. 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 Omni Health (OMHE), the current Total Inventories is $0.29 Mil as of Jan. 2017. 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.

Omni Health Business Description

Address 400 W 41st Street, Suite 506, Miami Beach, FL, USA, 33140
Omni Health Inc is a vertically integrated healthcare company operating a pharmacy provider and focused on developing and distributing anti-aging products.