Omnicom Group Inc (OMC)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 9.59 | 7.85 | 7.67 | 8.26 | 9.73 | 8.96 | 9.88 | 9.26 | 10.07 | 9.61 | 10.57 | 10.39 | 10.77 | 10.39 | 10.92 | 9.73 | 10.20 | 9.07 | 9.65 | 10.11 | |
| DOH | days | 38.05 | 46.52 | 47.56 | 44.18 | 37.52 | 40.72 | 36.95 | 39.44 | 36.25 | 38.00 | 34.52 | 35.14 | 33.90 | 35.12 | 33.42 | 37.50 | 35.77 | 40.26 | 37.83 | 36.11 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 9.59
= 38.05
Based on the information provided, Omnicom Group, Inc. does not have data available for days of inventory on hand (DOH) for any of the quarters listed. Without specific figures for DOH, it is challenging to evaluate Omnicom's efficiency in managing its inventory levels and the potential impact on its liquidity and profitability. Understanding DOH would have provided insights into how quickly the company is selling its inventory, its inventory turnover efficiency, and its ability to maintain optimal inventory levels. For a more comprehensive analysis, further data on inventory turnover and average inventory levels would be needed to assess Omnicom's inventory management practices effectively.
Peer comparison
Dec 31, 2023