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OSI Systems (OSI Systems) Days Inventory : 170.08 (As of Dec. 2023)


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What is OSI Systems Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). OSI Systems's Average Total Inventories for the three months ended in Dec. 2023 was $432 Mil. OSI Systems's Cost of Goods Sold for the three months ended in Dec. 2023 was $232 Mil. Hence, OSI Systems's Days Inventory for the three months ended in Dec. 2023 was 170.08.

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

OSIS' s Days Inventory Range Over the Past 10 Years
Min: 126.07   Med: 143.62   Max: 166.29
Current: 154.92

During the past 13 years, OSI Systems's highest Days Inventory was 166.29. The lowest was 126.07. And the median was 143.62.

OSIS's Days Inventory is ranked worse than
71.19% of 2405 companies
in the Hardware industry
Industry Median: 103.88 vs OSIS: 154.92

OSI Systems's Days Inventory increased from Dec. 2022 (165.51) to Dec. 2023 (170.08). It might indicate that OSI Systems's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. OSI Systems's Inventory Turnover for the three months ended in Dec. 2023 was 0.54.

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. OSI Systems's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.16.


OSI Systems Days Inventory Historical Data

The historical data trend for OSI Systems'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.

OSI Systems Days Inventory Chart

OSI Systems Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 142.61 126.07 134.41 151.07 144.62

OSI Systems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 168.01 120.46 191.33 170.08 150.54

Competitive Comparison of OSI Systems's Days Inventory

For the Electronic Components subindustry, OSI Systems'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.


OSI Systems's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, OSI Systems's Days Inventory distribution charts can be found below:

* The bar in red indicates where OSI Systems's Days Inventory falls into.



OSI Systems Days Inventory Calculation

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

OSI Systems's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (333.907 + 338.008) / 2 ) / 847.917*365
=335.9575 / 847.917*365
=144.62

OSI Systems's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (418.797 + 445.818) / 2 ) / 231.934*365 / 4
=432.3075 / 231.934*365 / 4
=170.08

* 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.


OSI Systems  (NAS:OSIS) 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.

OSI Systems's Inventory Turnover for the three months ended in Dec. 2023 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.

OSI Systems's Inventory to Revenue for the three months ended in Dec. 2023 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.


OSI Systems Days Inventory Related Terms

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


OSI Systems (OSI Systems) Business Description

Traded in Other Exchanges
Address
12525 Chadron Avenue, Hawthorne, CA, USA, 90250
OSI Systems Inc is a designer and manufacturer of electronic systems and components for businesses in the homeland security, healthcare, defense, and aerospace markets. The firm is organized in three business segments: Security, which provides security and inspection systems; Healthcare, which provides patient monitoring, diagnostic, cardiology, ventilation systems and defibrillators; and Optoelectronics and Manufacturing, which provides specialized electronic components and manufacturing services for the Security and Healthcare segments and external original equipment manufacturers. Majority of the firm's revenue is generated in America, and the rest from Europe, the Middle East, and Africa, and the Asia Pacific regions.
Executives
Deepak Chopra director, officer: President and CEO 12525 CHADRON AVE, HAWTHORNE CA 90250
Shalabh Chandra officer: Pres., Spacelabs Healthcare C/O OSI SYSTEMS, INC., 12525 CHADRON AVENUE, HAWTHORNE CA 90250
Glenn Grindstaff officer: Chief Human Resources Officer 12525 CHADRON AVENUE, HAWTHORNE CA 90250
Paul Keith Morben officer: Pres., OSI Electronics 12525 CHADRON AVENUE, HAWTHORNE CA 90250
Ballhaus William Francis Jr director 12525 CHADRON AVE, HAWTHORNE CA 90250
Alan I Edrick officer: EVP & CFO 20200 SUNBURST STREET, CHATSWORTH CA 91311
Victor S Sze officer: General Counsel 12525 CHADRON AVE, HAWTHORNE CA 90250
Gerald M Chizever director
Manoocher M Aliabadi officer: Pres., Optoelectronics Div 12525 CHADRON AVE, HAWTHORNE CA 90250
Malcolm Peter Maginnis officer: Pres., Rapiscan Systems 12525 CHADRON AVENUE, HAWTHORNE CA 90250
Ajay Mehra director, officer: Executve Vice President 12525 CHADRON AVE, HAWTHORNE CA 90250
Steven C Good director 11755 WILSHIRE BOULEVARD, SUITE 1700, LOS ANGELES CA 90025
Kelli Bernard director 12525 CHADRON AVENUE, HAWTHORNE CA 90250
Deborah Lee Cegielski officer: SVP, Chief HR Officer 12525 CHADRON AVENUE, HAWTHORNE CA 90250
James W Green officer: Pres., Spacelabs Healthcare 12525 CHADRON AVENUE, HAWTHORNE CA 90250