OSI Systems Inc (OSIS)
Inventory turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,125,980 | 1,008,300 | 847,917 | 758,809 | 726,984 |
| Inventory | US$ in thousands | 407,174 | 397,939 | 338,008 | 333,907 | 294,208 |
| Inventory turnover | 2.77 | 2.53 | 2.51 | 2.27 | 2.47 |
June 30, 2025 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $1,125,980K ÷ $407,174K
= 2.77
The inventory turnover ratio for OSI Systems Inc. demonstrates fluctuations over the period from June 30, 2021, to June 30, 2025. Specifically, the ratio was 2.47 in 2021, indicating that inventory was sold and replaced approximately 2.47 times during that fiscal year. In 2022, the ratio decreased slightly to 2.27, reflecting a potential slowdown in inventory turnover or increased inventory levels relative to sales. Subsequently, the ratio increased to 2.51 in 2023, suggesting an improvement in inventory management or faster sales relative to inventory levels. This upward trend continued into 2024 with a ratio of 2.53, indicating a marginal but consistent enhancement in inventory turnover. The ratio further increased to 2.77 in 2025, representing a significant improvement in inventory efficiency over the period analyzed. Overall, the trend suggests a gradual strengthening in OSI Systems Inc.'s inventory management efficiency, culminating in the highest turnover ratio observed in 2025.
Peer comparison
Jun 30, 2025