Om Holdings International (Om Holdings International) Inventory Turnover : 2.30 (As of May. 2023)

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What is Om Holdings International Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Om Holdings International's Cost of Goods Sold for the three months ended in May. 2023 was $9.04 Mil. Om Holdings International's Average Total Inventories for the quarter that ended in May. 2023 was $3.92 Mil. Om Holdings International's Inventory Turnover for the quarter that ended in May. 2023 was 2.30.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Om Holdings International's Days Inventory for the three months ended in May. 2023 was 39.62.

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. Om Holdings International's Inventory-to-Revenue for the quarter that ended in May. 2023 was 0.32.

Om Holdings International Inventory Turnover Historical Data

The historical data trend for Om Holdings International's Inventory Turnover 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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Om Holdings International Inventory Turnover Chart

Om Holdings International Annual Data

Trend

May08

May09

May10

May11

May12

May13

May14

May15

Aug21

Aug22

Inventory Turnover

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9.00

9.48

Om Holdings International Quarterly Data
	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	May13	May14	May15	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23
Inventory Turnover	Get a 7-Day Free Trial															2.50	2.06	1.78	2.52	2.30

Om Holdings International Inventory Turnover Calculation

Om Holdings International's Inventory Turnover for the fiscal year that ended in Aug. 2022 is calculated as

	Inventory Turnover (A: Aug. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Aug. 2022 )	/ (	(Total Inventories (A: Aug. 2021 )	+	Total Inventories (A: Aug. 2022 ))	/	count )
=	24.954	/ (	(2.222	+	3.045)	/	2 )
=	24.954	/	2.6335
=	9.48

Om Holdings International's Inventory Turnover for the quarter that ended in May. 2023 is calculated as

	Inventory Turnover (Q: May. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: May. 2023 )	/ (	(Total Inventories (Q: Feb. 2023 )	+	Total Inventories (Q: May. 2023 ))	/	count )
=	9.036	/ (	(4.352	+	3.494)	/	2 )
=	9.036	/	3.923
=	2.30

Om Holdings International (OTCPK:OMHI) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Om Holdings International's Days Inventory for the three months ended in May. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: May. 2023 )	/	Cost of Goods Sold (Q: May. 2023 )	*	Days in Period
	=	3.923	/	9.036	*	365 / 4
	=	39.62

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.

Om Holdings International's Inventory to Revenue for the quarter that ended in May. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: May. 2023 )	/	Revenue (Q: May. 2023 )
	=	3.923	/	12.429
	=	0.32

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Om Holdings International Inventory Turnover Related Terms

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Om Holdings International (Om Holdings International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Om Holdings International Inc (OTCPK:OMHI) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1221 Brickell Ave, Suite 900, Miami, FL, USA, 33131

Website

https://www.omholdingsinc.com

Om Holdings International Inc is involved in wholesaling and retailing foods and household merchandise. The company also provides Information technology Services and also is in the business of building material supply.

Executives

Paul Luna Belfiore

director, 10 percent owner, officer: President,Secretary,Treasurer

CALLE VUEN RETIRO 155, DPTO 404, CHACARILLA DEL ESTANQUE, SAN BORJA, LIMA R5 41