Omnia Wellness (Omnia Wellness) Total Inventories : $0.02 Mil (As of Sep. 2022)

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What is Omnia Wellness Total Inventories?

Omnia Wellness's total inventories for the quarter that ended in Sep. 2022 was $0.02 Mil. Omnia Wellness's average total inventories from the quarter that ended in Jun. 2022 to the quarter that ended in Sep. 2022 was $0.02 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Omnia Wellness's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was $-0.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Omnia Wellness's Days Inventory for the three months ended in Sep. 2022 was 28.44.

Inventory Turnover measures how fast the company turns over its inventory within a year. Omnia Wellness's Inventory Turnover for the quarter that ended in Sep. 2022 was 3.21.

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. Omnia Wellness's Inventory-to-Revenue for the quarter that ended in Sep. 2022 was 0.86.

Omnia Wellness Total Inventories Historical Data

The historical data trend for Omnia Wellness'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.

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Omnia Wellness Total Inventories Chart

Omnia Wellness Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Total Inventories

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0.02

Omnia Wellness Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Total Inventories	Get a 7-Day Free Trial															-	-	0.02	0.02	0.02

Omnia Wellness 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.

Omnia Wellness (OTCPK:OMWS) 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.

Omnia Wellness's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2022 is

	Net-Net Working Capital Per Share (Q: Sep. 2022 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0	+	0.75 * 0.054	+	0.5 * 0.024	-	8.451
-	0	-	0)	/	231.505
=	-0.04

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

Omnia Wellness's Days Inventory for the three months ended in Sep. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2022 )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
	=	0.024	/	0.077	*	365 / 4
	=	28.44

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

Omnia Wellness's Inventory Turnover for the quarter that ended in Sep. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2022 )	/	Average Total Inventories (Q: Sep. 2022 )
	=	0.077	/	0.024
	=	3.21

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.

Omnia Wellness's Inventory to Revenue for the quarter that ended in Sep. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2022 )	/	Revenue (Q: Sep. 2022 )
	=	0.024	/	0.028
	=	0.86

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.

Omnia Wellness Total Inventories Related Terms

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Omnia Wellness (Omnia Wellness) Business Description

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Address

999 18th Street, Suite 3000, Denver, CO, USA, 80202

Website

https://www.omniawellness.com

Omnia Wellness Inc Endo-Kinetic treatment provides a dynamic and effective full-body treatment to help soothe the body from pain, stress and exercise. Through SolaJet, AquaVive, SolaPro and Bodystop brands, the company is delivering wellness and value to users and professionals across the United States. Its flagship proprietary SolaJet Dry-Hydrotherapy System produces deep tissue penetration combined with therapeutic heat and sequential compression that combines three therapies in one to deliver the feeling of an hour-long traditional massage in as little as 15 minutes at an affordable price point for the user.