Omnicom Group Inc (OMC)
Inventory turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 13,472,300 | 13,249,600 | 12,984,400 | 12,714,600 | 12,879,400 | 12,690,700 | 12,570,800 | 12,464,900 | 12,205,800 | 12,213,600 | 12,209,600 | 12,187,200 | 12,091,400 | 12,004,300 | 11,816,000 | 11,828,900 | 11,858,000 | 12,206,600 | 12,652,000 | 12,782,000 |
| Inventory | US$ in thousands | 1,622,200 | 1,898,400 | 1,800,000 | 1,711,600 | 1,342,500 | 1,617,500 | 1,638,000 | 1,508,900 | 1,254,600 | 1,362,600 | 1,235,900 | 1,316,800 | 1,201,000 | 1,249,600 | 1,117,600 | 1,138,700 | 1,101,200 | 1,174,400 | 1,158,600 | 1,313,200 |
| Inventory turnover | 8.30 | 6.98 | 7.21 | 7.43 | 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 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $13,472,300K ÷ $1,622,200K
= 8.30
Omnicom Group Inc's inventory turnover ratio has shown fluctuations over the quarters analyzed. The inventory turnover ratio measures how efficiently a company is managing its inventory by indicating how many times the company's inventory is sold and replaced during a specific period.
From March 31, 2020, to December 31, 2024, Omnicom's inventory turnover ratio ranged from a low of 6.98 to a high of 10.92. Generally, a higher inventory turnover ratio indicates that the company is selling its inventory quickly and efficiently.
During this period, the highest inventory turnover was observed on June 30, 2020, at 10.92, suggesting strong sales and inventory management. The lowest inventory turnover occurred on March 31, 2023, at 7.43, implying a slower movement of inventory during that quarter.
Overall, the trend in inventory turnover for Omnicom Group Inc indicates some variability, with fluctuations in the efficiency of inventory management over the quarters analyzed. Monitoring inventory turnover ratios can provide valuable insights into a company's operational efficiency and sales performance.
Peer comparison
Dec 31, 2024
Dec 31, 2024