Omnicell Inc (OMCL)
Activity ratios
Short-term
Turnover ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 7.20 | 6.59 | 6.79 | 6.14 | 5.91 | 5.79 | 5.32 | 4.99 | 4.79 | 4.71 | 4.34 | 4.50 | 4.81 | 5.19 | 5.03 | 5.08 | 4.97 | 4.64 | 4.18 | 4.21 |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | 5.06 | 21.39 | 1.84 | 1.92 | 2.05 | 2.18 | 2.42 | 2.64 | 2.86 | 2.77 | 3.04 | — | — | 1.95 | 1.48 | 1.49 | 1.61 | 1.22 | 3.96 | 4.02 |
Omnicell Inc's inventory turnover ratio has been steadily increasing over the years, indicating that the company is efficiently managing its inventory levels. The ratio increased from 4.21 in March 2020 to 7.20 in December 2024, showing a positive trend in inventory management.
On the other hand, the receivables turnover and payables turnover ratios are not available, indicating there is a lack of data to evaluate the efficiency of the company in collecting receivables and managing payables.
In terms of working capital turnover, Omnicell Inc's performance is mixed. The ratio fluctuated significantly over the years, with some periods showing a healthy turnover of working capital while others displaying a substantial decrease or a lack of data. This suggests that the company's ability to generate revenue from its working capital has been inconsistent.
Overall, while the inventory turnover ratio reflects efficient inventory management, the lack of data on receivables turnover and payables turnover limits a comprehensive analysis of Omnicell Inc's activity ratios. The varying performance in working capital turnover also indicates some degree of inconsistency in utilizing working capital effectively to generate revenue.
Average number of days
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 50.68 | 55.35 | 53.74 | 59.43 | 61.80 | 63.01 | 68.57 | 73.21 | 76.18 | 77.50 | 84.04 | 81.13 | 75.81 | 70.32 | 72.64 | 71.90 | 73.39 | 78.72 | 87.27 | 86.71 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Omnicell Inc's Days of Inventory on Hand (DOH) ratio has been showing a decreasing trend from 86.71 days as of March 31, 2020, to 50.68 days as of December 31, 2024. This indicates that the company is managing its inventory more efficiently over time.
The Days of Sales Outstanding (DSO) and Number of Days of Payables data are not provided, suggesting a lack of information to analyze the efficiency of Omnicell Inc's receivables and payables management.
Overall, the decreasing trend in the DOH ratio suggests that Omnicell Inc has been improving its inventory management efficiency, but a comprehensive analysis of all activity ratios would provide a more holistic view of the company's operational performance.
Long-term
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed asset turnover | — | — | — | — | — | — | 11.97 | 12.89 | 13.79 | 9.88 | 9.82 | 9.97 | 9.46 | 9.39 | 8.84 | 15.10 | 15.10 | 15.48 | 15.66 | 17.44 |
| Total asset turnover | 0.52 | 0.46 | 0.47 | 0.48 | 0.52 | 0.53 | 0.56 | 0.56 | 0.59 | 0.60 | 0.59 | 0.56 | 0.53 | 0.52 | 0.50 | 0.48 | 0.49 | 0.52 | 0.74 | 0.75 |
Omnicell Inc's fixed asset turnover ratio has shown some fluctuations over the years, starting at a high of 17.44 in March 2020 and gradually decreasing to around 9.88 by September 2022. From December 2022, there was an uptrend with the ratio reaching 13.79. However, the data is missing for the later years, so it is unclear how this trend continued.
In contrast, the total asset turnover ratio, which measures the company's ability to generate sales from its total assets, started at 0.75 in March 2020 and experienced a downward trend, dropping to 0.46 by September 2024, with some fluctuations in between. This decline may signal that Omnicell Inc's efficiency in utilizing its total assets to generate revenue has decreased over time.
Overall, these ratios indicate how Omnicell Inc has utilized its fixed assets and total assets to generate sales over the years, and further analysis would be needed to understand the underlying reasons for the trends observed.