Omni Health (Omni Health) Change In Inventory : $-0.27 Mil (TTM As of Jan. 2017)

View and export this data going back to 2015. Start your Free Trial

What is Omni Health Change In Inventory?

Omni Health's change in inventory for the quarter that ended in Jan. 2017 was $-0.02 Mil. It means Omni Health's inventory increased by $0.02 Mil from Oct. 2016 to Jan. 2017 .

Omni Health's change in inventory for the fiscal year that ended in Apr. 2016 was $0.00 Mil. It means Omni Health's inventory declined by $0.00 Mil from Apr. 2015 to Apr. 2016 .

Omni Health's Total Inventories for the quarter that ended in Jan. 2017 was $0.29 Mil.

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 quarter that 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 Change In Inventory Historical Data

The historical data trend for Omni Health's Change In Inventory 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.

* Premium members only.

Omni Health Change In Inventory Chart

Omni Health Annual Data

Trend

Apr14

Apr15

Apr16

Change In Inventory

0.05

Omni Health Quarterly Data
	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17
Change In Inventory	Get a 7-Day Free Trial							-	-0.01	-0.25	0.01	-0.02

Omni Health Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jan. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.27 Mil.

Omni Health (OTCPK:OMHE) Change In Inventory Explanation

1. 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 quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.2765	/	1.073	*	365 / 4
	=	23.51

2. 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	/	Average Total Inventories
	=	1.073	/	0.2765
	=	3.88

3. 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	/	Revenue
	=	0.2765	/	1.471
	=	0.19

Omni Health Change In Inventory Related Terms

Thank you for viewing the detailed overview of Omni Health's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Omni Health (Omni Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Omni Health Inc (OTCPK:OMHE) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

5966 West 16th Avenue, Miami Beach, FL, USA, 33012

Website

https://www.omnihealth.md

Omni Health Inc operates a pharmacy in Miami Beach, Florida. The company operates through its subsidiary as a vertically integrated company focused on healthcare and operating in the lucrative pharmaceutical, medical and wellness industries.

Omni Health (Omni Health) Headlines

From GuruFocus

Omni Health, Inc. Highlights Recent Accomplishments and Upcoming Milestones Through Shareholder Letter

By Marketwired Marketwired • 05-21-2018

Omni Health Announces Upcoming Strategic Acquisitions and Improving its Balance Sheet

By ACCESSWIRE AccessWire • 04-12-2019