Omnicom Group (Omnicom Group) Days Inventory : 46.34 (As of Mar. 2024)

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What is Omnicom Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Omnicom Group's Average Total Inventories for the three months ended in Mar. 2024 was $1,527 Mil. Omnicom Group's Cost of Goods Sold for the three months ended in Mar. 2024 was $3,007 Mil. Hence, Omnicom Group's Days Inventory for the three months ended in Mar. 2024 was 46.34.

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

OMC' s Days Inventory Range Over the Past 10 Years
Min: 32.43 Med: 35.88 Max: 47.42
Current: 47.42

During the past 13 years, Omnicom Group's highest Days Inventory was 47.42. The lowest was 32.43. And the median was 35.88.

OMC's Days Inventory is ranked worse than
60.18% of 658 companies
in the Media - Diversified industry
Industry Median: 25.39 vs OMC: 47.42

Omnicom Group's Days Inventory increased from Mar. 2023 (42.69) to Mar. 2024 (46.34). It might indicate that Omnicom Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Omnicom Group's Inventory Turnover for the three months ended in Mar. 2024 was 1.97.

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. Omnicom Group's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.42.

Omnicom Group Days Inventory Historical Data

The historical data trend for Omnicom Group'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.

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Omnicom Group Days Inventory Chart

Omnicom Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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36.21

39.17

36.54

38.61

39.55

Omnicom Group 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															42.69	49.36	51.66	41.62	46.34

Competitive Comparison of Omnicom Group's Days Inventory

For the Advertising Agencies subindustry, Omnicom Group'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.

Omnicom Group's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Omnicom Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Omnicom Group's Days Inventory falls into.

Omnicom Group Days Inventory Calculation

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

Omnicom Group's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (1254.6	+	1342.5)	/	2 )	/	11982.7	*	365
=	1298.55					/	11982.7	*	365
=	39.55

Omnicom Group's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1342.5	+	1711.6)	/	2 )	/	3006.7	*	365 / 4
=	1527.05					/	3006.7	*	365 / 4
=	46.34

Omnicom Group (NYSE:OMC) 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.

Omnicom Group's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3006.7	/	1527.05
	=	1.97

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.

Omnicom Group's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1527.05	/	3630.5
	=	0.42

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.

Omnicom Group Days Inventory Related Terms

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

Omnicom Group (Omnicom Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Omnicom Group Inc (NYSE:OMC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

OCN:Germany O1MC34:Brazil

Address

280 Park Avenue, New York, NY, USA, 10017

Website

https://www.omnicomgroup.com

Omnicom is the world's second-largest ad holding company, based on annual revenue. The firm's services, which include traditional and digital advertising and public relations, are provided worldwide, with over 80% of its revenue coming from more developed regions such as North America and Europe.

Executives

Linda Johnson Rice	director
Andrew Castellaneta	officer: SVP, Chief Accounting Officer	C/O OMNICOM GROUP INC., 437 MADISON AVENUE, NEW YORK NY 10022
Mark D Gerstein	director	C/O OMNICOM GROUP INC., 280 PARK AVENUE, NEW YORK NY 10017
Rochelle M. Tarlowe	officer: Senior VP and Treasurer	C/O OMNICOM GROUP INC., 437 MADISON AVENUE, NEW YORK NY 10022
Jonathan B. Nelson	officer: CEO, Omnicom Digital	C/O OMNICOM GROUP INC., 437 MADISON AVENUE, NEW YORK NY 10022
John Wren	director, officer: President and CEO
Louis F Januzzi	officer: Senior VP, Gen. Counsel & Sec.	C/O OMNICOMGROUP, 280 PARK AVENUE, NEW YORK NY 10017
Michael J Obrien	officer: Senior VP, Gen. Counsel & Sec.	C/O OMNICOM GROUP INC, 437 MADISON AVE, NEW YORK NY 10022
Patricia Salas Pineda	director	C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
Coleman Leonard S Jr	director	C/O ELECTRONIC ARTS INC., 209 REDWOOD SHORES PARKWAY, REDWOOD CITY, CA 94065
Dennis E. Hewitt	officer: Treasurer	437 MADISON AVENUE, NEW YORK NY 10022
Ronnie S. Hawkins	director	C/O OMNICOM GROUP INC., 437 MADISON AVENUE, NEW YORK NY 10022
Peter K. Sherman	officer: Executive Vice President	C/O OMNICOM GROUP INC., 437 MADISON AVENUE, NEW YORK NY 10022
Gracia C Martore	director	C/O OMNICOM GROUP INC., 437 MADISON AVENUE, NEW YORK NY 10022
Bruce Crawford	director, officer: Chairman