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OSIS (OSI Systems) Inventory Turnover : 0.67 (As of Mar. 2025)


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What is OSI Systems Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. OSI Systems's Cost of Goods Sold for the three months ended in Mar. 2025 was $294 Mil. OSI Systems's Average Total Inventories for the quarter that ended in Mar. 2025 was $440 Mil. OSI Systems's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. OSI Systems's Days Inventory for the three months ended in Mar. 2025 was 136.65.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. OSI Systems's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.99.


OSI Systems Inventory Turnover Historical Data

The historical data trend for OSI Systems's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

OSI Systems Inventory Turnover Chart

OSI Systems Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.90 2.72 2.42 2.52 2.74

OSI Systems Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 0.78 0.52 0.61 0.67

OSI Systems Inventory Turnover Calculation

OSI Systems's Inventory Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Inventory Turnover (A: Jun. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2024 ) / ((Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count )
=1008.3 / ((338.008 + 397.939) / 2 )
=1008.3 / 367.9735
=2.74

OSI Systems's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover (Q: Mar. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2025 ) / ((Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count )
=294.063 / ((441.795 + 438.954) / 2 )
=294.063 / 440.3745
=0.67

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


OSI Systems  (NAS:OSIS) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

OSI Systems's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2025 )/Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=440.3745/294.063*365 / 4
=136.65

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

OSI Systems's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2025 ) / Revenue (Q: Mar. 2025 )
=440.3745 / 444.354
=0.99

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


OSI Systems Inventory Turnover Related Terms

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OSI Systems Business Description

Traded in Other Exchanges
Address
12525 Chadron Avenue, Hawthorne, CA, USA, 90250
OSI Systems Inc is a designer and manufacturer of electronic systems and components for businesses in the homeland security, healthcare, defense, and aerospace markets. The firm is organized in three business segments: Security, which derives maximum revenue, provides security and inspection systems; Healthcare, which provides patient monitoring, diagnostic, cardiology, ventilation systems and defibrillators; and Optoelectronics and Manufacturing, which provides specialized electronic components and manufacturing services for the Security and Healthcare segments and external original equipment manufacturers. Majority of the firm's revenue is generated in the United States, and the rest from Mexico, Europe, the Middle East, and Africa, and the Asia Pacific regions.
Executives
Ballhaus William Francis Jr director 12525 CHADRON AVE, HAWTHORNE CA 90250
Alan I Edrick officer: EVP & CFO 20200 SUNBURST STREET, CHATSWORTH CA 91311
Glenn Grindstaff officer: Chief Human Resources Officer 12525 CHADRON AVENUE, HAWTHORNE CA 90250
Deepak Chopra director, officer: President and CEO 12525 CHADRON AVE, HAWTHORNE CA 90250
Paul Keith Morben officer: Pres., OSI Electronics 12525 CHADRON AVENUE, HAWTHORNE CA 90250
Gerald M Chizever director
Manoocher M Aliabadi officer: Pres., Optoelectronics Div 12525 CHADRON AVE, HAWTHORNE CA 90250
James B Hawkins director C/O IRADIMED CORPORATION, 1025 WILLA SPRINGS DR., WINTER SPRINGS FL 32708
Shalabh Chandra officer: Pres., Spacelabs Healthcare C/O OSI SYSTEMS, INC., 12525 CHADRON AVENUE, HAWTHORNE CA 90250
Meyer/ Luskin director 1884 MANGO WAY, LOS ANGELES CA 90049
Victor S Sze officer: General Counsel 12525 CHADRON AVE, HAWTHORNE CA 90250
Malcolm Peter Maginnis officer: Pres., Rapiscan Systems 12525 CHADRON AVENUE, HAWTHORNE CA 90250
Ajay Mehra director, officer: Executve Vice President 12525 CHADRON AVE, HAWTHORNE CA 90250
Steven C Good director 11755 WILSHIRE BOULEVARD, SUITE 1700, LOS ANGELES CA 90025
Kelli Bernard director 12525 CHADRON AVENUE, HAWTHORNE CA 90250