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Omni Health (Omni Health) Days Inventory : 23.51 (As of Jan. 2017)


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What is Omni Health Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Omni Health's Average Total Inventories for the three months ended in Jan. 2017 was $0.28 Mil. Omni Health's Cost of Goods Sold for the three months ended in Jan. 2017 was $1.07 Mil. Hence, Omni Health's Days Inventory for the three months ended in Jan. 2017 was 23.51.

The historical rank and industry rank for Omni Health's Days Inventory or its related term are showing as below:

OMHE's Days Inventory is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 31.42
* Ranked among companies with meaningful Days Inventory only.

Omni Health's Days Inventory declined from Jan. 2016 (43.16) to Jan. 2017 (23.51).

Inventory Turnover measures how fast the company turns over its inventory within a year. Omni Health's Inventory Turnover for the three months 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 three months ended in Jan. 2017 was 0.19.


Omni Health Days Inventory Historical Data

The historical data trend for Omni Health's Days 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 Days Inventory Chart

Omni Health Annual Data
Trend Apr14 Apr15 Apr16
Days Inventory
- 90.81 53.27

Omni Health Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.16 20.28 35.51 27.32 23.51

Competitive Comparison of Omni Health's Days Inventory

For the Pharmaceutical Retailers subindustry, Omni Health's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Omni Health's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Omni Health's Days Inventory distribution charts can be found below:

* The bar in red indicates where Omni Health's Days Inventory falls into.



Omni Health Days Inventory Calculation

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 fiscal year that ended in Apr. 2016 is calculated as

Days Inventory (A: Apr. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Apr. 2015 ) + Total Inventories (A: Apr. 2016 )) / count ) / Cost of Goods Sold (A: Apr. 2016 )*Days in Period
=( (0.027 + 0.027) / 2 ) / 0.185*365
=0.027 / 0.185*365
=53.27

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

Days Inventory (Q: Jan. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2016 ) + Total Inventories (Q: Jan. 2017 )) / count ) / Cost of Goods Sold (Q: Jan. 2017 )*Days in Period
=( (0.267 + 0.286) / 2 ) / 1.073*365 / 4
=0.2765 / 1.073*365 / 4
=23.51

* 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  (OTCPK:OMHE) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

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

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.

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

* 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Omni Health Days Inventory Related Terms

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


Omni Health (Omni Health) Business Description

Traded in Other Exchanges
N/A
Address
5966 West 16th Avenue, Miami Beach, FL, USA, 33012
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