Owens & Minor Inc (OMI)
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 | 7.62 | 6.91 | 6.89 | 7.28 | 7.39 | 7.62 | 7.02 | 6.30 | 6.10 | 5.38 | 5.44 | 5.82 | 5.53 | 5.36 | 5.08 | 5.46 | 5.84 | 6.52 | 7.05 | 7.14 |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | 72.66 | 58.46 | 53.76 | 34.37 | 49.00 | 25.70 | 17.75 | 15.79 | 13.66 | 11.76 | 11.42 | 10.97 | 10.01 | 9.95 | 9.69 | 9.99 | 10.73 | 12.45 | 11.29 | 9.48 |
The inventory turnover ratio for Owens & Minor Inc has shown a general decreasing trend over the years, indicating that the company is taking a longer time to sell its inventory. The ratio decreased from 7.14 in March 2020 to 7.62 in December 2024, with some fluctuations in between.
The receivables turnover ratio is not available for analysis as the data is marked as "—," which suggests that this information is not disclosed or not applicable for the company.
Similarly, the payables turnover ratio data is not provided, making it impossible to assess the company's performance in managing its payables effectively.
The working capital turnover ratio for Owens & Minor Inc has shown a fluctuating pattern over the years, with some significant increases in specific periods. The ratio increased from 9.48 in March 2020 to 72.66 in December 2024, indicating a significant improvement in the company's ability to generate revenue relative to its working capital.
Overall, while the inventory turnover ratio has been on a downward trend, the working capital turnover ratio highlights a positive trend in the company's operational efficiency and capital management. The unavailability of data for receivables and payables turnover ratios limits a comprehensive analysis of Owens & Minor Inc's complete activity ratios.
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 | 47.93 | 52.80 | 52.99 | 50.13 | 49.38 | 47.88 | 52.02 | 57.90 | 59.88 | 67.88 | 67.08 | 62.73 | 66.01 | 68.16 | 71.80 | 66.79 | 62.55 | 55.98 | 51.80 | 51.15 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on the provided data on the activity ratios for Owens & Minor Inc, let's analyze the information:
1. Days of Inventory on Hand (DOH):
- The DOH measures how many days, on average, a company holds its inventory before selling it.
- Owens & Minor Inc experienced fluctuations in its DOH over the reported periods, ranging from a low of 47.88 days to a high of 71.80 days.
- Generally, a lower DOH indicates efficient inventory management, while a higher DOH may suggest overstocking or slow-moving inventory.
- Owens & Minor Inc trended downwards from a peak of 71.80 days on June 30, 2021, to 47.93 days on December 31, 2024, indicating a potential improvement in inventory turnover efficiency.
2. Days of Sales Outstanding (DSO):
- The DSO metric shows how many days it takes a company to collect revenue after making a sale.
- The data provided for Owens & Minor Inc shows "— days" for all reporting periods, indicating that specific DSO values were not available.
- Without DSO figures, it becomes challenging to assess the efficiency of Owens & Minor Inc in collecting its receivables promptly.
3. Number of Days of Payables:
- The number of days of payables measures how long it takes a company to pay its suppliers.
- Similar to DSO, the data for Owens & Minor Inc reports "— days" across all periods, suggesting that specific information on the number of days of payables was not available.
- Absence of this data makes it difficult to evaluate how effectively the company manages its payment obligations to suppliers.
In conclusion, while we can observe the trends in Owens & Minor Inc's Days of Inventory on Hand, the missing data for Days of Sales Outstanding and Number of Days of Payables limits a comprehensive evaluation of the company's activity ratios related to sales and payment cycles. An in-depth analysis of these metrics would provide a more complete picture of the company's operational efficiency and financial health.
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 | — | — | — | — | — | 12.17 | 11.89 | 11.90 | 11.59 | 11.59 | 11.30 | 11.41 | 19.14 | 19.63 | 19.45 | 18.76 | 18.42 | 27.58 | 28.68 | 30.52 |
| Total asset turnover | 2.30 | 2.10 | 1.99 | 2.00 | 2.03 | 2.00 | 1.92 | 1.90 | 1.85 | 1.78 | 1.78 | 1.73 | 2.77 | 2.70 | 2.61 | 2.56 | 2.54 | 2.52 | 2.72 | 2.48 |
Long-term activity ratios provide insight into how efficiently a company is utilizing its assets to generate sales. Two important long-term activity ratios for Owens & Minor Inc are the Fixed Asset Turnover and Total Asset Turnover ratios.
The Fixed Asset Turnover ratio measures how effectively the company is using its fixed assets to generate revenue. In the case of Owens & Minor Inc, the Fixed Asset Turnover ratio has shown a declining trend over the years, from a high of 30.52 in March 2020 to a low of 11.30 in June 2022. This downward trend indicates a decrease in the efficiency of utilizing fixed assets to generate sales during this period.
On the other hand, the Total Asset Turnover ratio evaluates the company's overall efficiency in generating sales from all its assets. For Owens & Minor Inc, the Total Asset Turnover ratio has also exhibited a decreasing trend, from a peak of 2.77 in December 2021 to 1.99 in June 2024. This decline indicates that the company is becoming less efficient in generating sales from its total assets over time.
Overall, the decreasing trends in both Fixed Asset Turnover and Total Asset Turnover ratios suggest that Owens & Minor Inc may be experiencing challenges in effectively utilizing its assets to generate sales. Further analysis and investigation into the company's operations and asset management practices may be needed to address these efficiency issues and improve long-term performance.