OSI Capex To Revenue vs Inventory Turnover Analysis

OSIS Stock  USD 177.40  2.89  1.66%   
OSI Systems financial indicator trend analysis is much more than just breaking down OSI Systems prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OSI Systems is a good investment. Please check the relationship between OSI Systems Capex To Revenue and its Inventory Turnover accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OSI Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy OSI Stock please use our How to Invest in OSI Systems guide.

Capex To Revenue vs Inventory Turnover

Capex To Revenue vs Inventory Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OSI Systems Capex To Revenue account and Inventory Turnover. At this time, the significance of the direction appears to have no relationship.
The correlation between OSI Systems' Capex To Revenue and Inventory Turnover is 0.04. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Inventory Turnover in the same time period over historical financial statements of OSI Systems, assuming nothing else is changed. The correlation between historical values of OSI Systems' Capex To Revenue and Inventory Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Revenue of OSI Systems are associated (or correlated) with its Inventory Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory Turnover has no effect on the direction of Capex To Revenue i.e., OSI Systems' Capex To Revenue and Inventory Turnover go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.
Most indicators from OSI Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OSI Systems current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OSI Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy OSI Stock please use our How to Invest in OSI Systems guide.Enterprise Value is likely to gain to about 2.6 B in 2024, whereas Selling General Administrative is likely to drop slightly above 158.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit424.4M430.5M530.5M265.6M
Total Revenue1.2B1.3B1.5B1.6B

OSI Systems fundamental ratios Correlations

0.880.640.940.97-0.010.870.940.940.320.94-0.130.320.910.350.50.970.21-0.710.990.690.970.79-0.490.69-0.47
0.880.530.870.75-0.380.980.870.830.440.86-0.430.440.820.010.540.82-0.18-0.650.940.370.840.79-0.680.79-0.67
0.640.530.470.60.170.520.540.480.330.80.090.330.360.430.790.650.35-0.070.650.340.490.23-0.170.84-0.17
0.940.870.470.89-0.110.880.940.930.190.83-0.180.20.930.160.230.930.19-0.80.940.740.960.94-0.620.57-0.6
0.970.750.60.890.150.730.910.90.290.890.040.290.880.470.40.950.32-0.70.910.780.960.74-0.360.55-0.34
-0.01-0.380.17-0.110.15-0.37-0.21-0.1-0.120.020.6-0.12-0.160.77-0.010.050.770.19-0.110.44-0.03-0.270.72-0.250.73
0.870.980.520.880.73-0.370.880.860.270.85-0.490.270.84-0.070.50.8-0.12-0.670.930.410.830.81-0.750.77-0.74
0.940.870.540.940.91-0.210.880.930.210.87-0.230.210.930.090.350.90.09-0.730.930.670.930.86-0.710.65-0.7
0.940.830.480.930.9-0.10.860.930.130.84-0.290.130.950.190.380.910.19-0.780.940.680.950.81-0.580.57-0.56
0.320.440.330.190.29-0.120.270.210.130.380.111.00.110.330.50.33-0.34-0.050.33-0.120.260.150.060.520.06
0.940.860.80.830.890.020.850.870.840.38-0.160.380.740.380.680.920.16-0.460.950.560.840.63-0.450.84-0.44
-0.13-0.430.09-0.180.040.6-0.49-0.23-0.290.11-0.160.11-0.270.54-0.240.00.460.18-0.240.17-0.11-0.250.6-0.320.6
0.320.440.330.20.29-0.120.270.210.131.00.380.110.110.330.50.33-0.34-0.050.33-0.120.260.150.060.520.06
0.910.820.360.930.88-0.160.840.930.950.110.74-0.270.110.090.230.840.15-0.910.890.680.970.87-0.610.45-0.58
0.350.010.430.160.470.77-0.070.090.190.330.380.540.330.090.330.430.540.040.250.430.29-0.040.60.130.61
0.50.540.790.230.4-0.010.50.350.380.50.68-0.240.50.230.330.43-0.040.030.55-0.060.33-0.01-0.080.82-0.09
0.970.820.650.930.950.050.80.90.910.330.920.00.330.840.430.430.25-0.650.950.710.940.79-0.420.66-0.4
0.21-0.180.350.190.320.77-0.120.090.19-0.340.160.46-0.340.150.54-0.040.25-0.10.120.670.220.070.32-0.10.33
-0.71-0.65-0.07-0.8-0.70.19-0.67-0.73-0.78-0.05-0.460.18-0.05-0.910.040.03-0.65-0.1-0.69-0.55-0.84-0.810.5-0.170.47
0.990.940.650.940.91-0.110.930.930.940.330.95-0.240.330.890.250.550.950.12-0.690.60.950.8-0.560.75-0.54
0.690.370.340.740.780.440.410.670.68-0.120.560.17-0.120.680.43-0.060.710.67-0.550.60.730.68-0.20.16-0.18
0.970.840.490.960.96-0.030.830.930.950.260.84-0.110.260.970.290.330.940.22-0.840.950.730.85-0.490.53-0.46
0.790.790.230.940.74-0.270.810.860.810.150.63-0.250.150.87-0.04-0.010.790.07-0.810.80.680.85-0.690.42-0.67
-0.49-0.68-0.17-0.62-0.360.72-0.75-0.71-0.580.06-0.450.60.06-0.610.6-0.08-0.420.320.5-0.56-0.2-0.49-0.69-0.491.0
0.690.790.840.570.55-0.250.770.650.570.520.84-0.320.520.450.130.820.66-0.1-0.170.750.160.530.42-0.49-0.49
-0.47-0.67-0.17-0.6-0.340.73-0.74-0.7-0.560.06-0.440.60.06-0.580.61-0.09-0.40.330.47-0.54-0.18-0.46-0.671.0-0.49
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OSI Systems Account Relationship Matchups

OSI Systems fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.4B1.4B1.6B1.9B2.0B
Short Long Term Debt Total327.0M277.3M353.2M359.6M521.6M547.6M
Other Current Liab157.1M159.8M156.5M174.7M161.2M91.6M
Total Current Liabilities330.1M344.8M614.0M571.7M814.6M855.4M
Total Stockholder Equity572.2M639.8M638.4M726.2M863.5M906.7M
Property Plant And Equipment Net127.9M118.0M109.7M108.9M114.0M98.2M
Net Debt250.9M196.7M289.0M282.8M426.2M447.5M
Retained Earnings474.8M548.8M663.9M736.0M861.2M904.3M
Accounts Payable84.9M141.3M125.2M139.0M191.1M200.7M
Cash76.1M80.6M64.2M76.8M95.4M61.2M
Non Current Assets Total650.8M675.0M697.0M715.8M720.5M756.5M
Non Currrent Assets Other84.0M109.0M101.5M116.5M112.2M108.6M
Cash And Short Term Investments76.1M80.6M64.2M76.8M95.4M61.6M
Net Receivables269.8M290.7M308.0M380.8M648.2M680.6M
Common Stock Shares Outstanding18.6M18.4M17.9M17.2M17.4M18.3M
Liabilities And Stockholders Equity1.3B1.4B1.4B1.6B1.9B2.0B
Non Current Liabilities Total366.3M399.8M190.8M257.8M257.9M142.5M
Inventory241.2M294.2M333.9M338.0M397.9M417.8M
Other Current Assets30.5M43.9M72.3M44.3M74.1M39.5M
Other Stockholder Equity(25.2M)(14.7M)(25.5M)(19.6M)(839.2M)(797.2M)
Total Liab696.4M744.5M804.7M829.5M1.1B1.1B
Property Plant And Equipment Gross127.9M118.0M267.0M282.7M293.1M307.7M
Total Current Assets617.7M709.4M746.1M839.9M1.2B1.3B
Accumulated Other Comprehensive Income(25.2M)(14.7M)(25.5M)(19.6M)(22.0M)(20.9M)
Short Term Debt59.9M846K304.6M223.1M391.5M411.1M
Common Stock Total Equity122.6M105.7M17K9.8M11.3M10.7M
Intangible Assets128.3M127.6M138.4M140.9M139.5M72.0M
Common Stock122.6M105.7M17K9.8M24.3M23.1M
Other Assets56.1M109.0M73.1M83.9M96.5M101.3M
Long Term Debt267.1M276.4M48.7M136.5M129.4M79.9M
Property Plant Equipment155.9M118.0M109.7M108.9M125.3M105.3M
Other Liab79.5M123.4M111.7M97.6M112.2M65.8M
Current Deferred Revenue28.2M38.5M19.9M21.3M53.4M36.3M
Good Will310.6M320.3M336.4M349.5M351.5M369.1M
Net Tangible Assets133.2M191.9M163.7M235.8M212.2M197.6M
Retained Earnings Total Equity474.8M548.8M663.9M736.0M846.4M437.9M
Long Term Debt Total267.1M276.4M48.7M136.5M157.0M138.9M
Deferred Long Term Liab5.8M7.2M11.1M6.6M5.9M5.6M
Non Current Liabilities Other93.4M123.4M131.0M121.3M125.2M109.5M
Short Long Term Debt59.9M846K304.6M223.1M392.2M411.8M

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