OSI Accounts Payable vs Inventory Turnover Analysis

OSIS Stock  USD 141.44  1.60  1.14%   
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 Accounts Payable 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 tightly coupled 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.

Accounts Payable vs Inventory Turnover

Accounts Payable vs Inventory Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OSI Systems Accounts Payable account and Inventory Turnover. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between OSI Systems' Accounts Payable and Inventory Turnover is -0.12. Overlapping area represents the amount of variation of Accounts Payable 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' Accounts Payable 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 Accounts Payable 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 Accounts Payable i.e., OSI Systems' Accounts Payable and Inventory Turnover go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents OSI Systems obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of OSI Systems are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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 tightly coupled 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.Selling General Administrative is likely to drop to about 153.1 M in 2024. Tax Provision is likely to drop to about 25.5 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit424.4M430.5M495.1M253.4M
Total Revenue1.2B1.3B1.5B1.5B

OSI Systems fundamental ratios Correlations

0.840.950.930.960.030.830.930.940.320.99-0.110.320.950.460.740.970.08-0.850.980.70.990.74-0.470.9-0.47
0.840.790.830.69-0.360.980.820.780.460.88-0.430.460.790.080.770.78-0.36-0.610.920.330.790.74-0.660.98-0.66
0.950.790.870.90.00.80.890.870.210.95-0.040.210.90.390.750.910.16-0.780.940.640.930.64-0.470.88-0.47
0.930.830.870.88-0.050.840.930.90.20.92-0.140.210.910.30.510.950.02-0.740.930.770.930.92-0.60.85-0.6
0.960.690.90.880.180.670.910.890.280.930.070.280.920.570.620.950.22-0.860.890.80.980.67-0.350.77-0.35
0.03-0.360.0-0.050.18-0.36-0.19-0.04-0.10.00.6-0.1-0.090.75-0.080.080.88-0.25-0.070.40.07-0.220.71-0.310.71
0.830.980.80.840.67-0.360.840.810.280.88-0.50.280.810.010.740.77-0.31-0.60.910.380.770.76-0.730.97-0.73
0.930.820.890.930.91-0.190.840.920.180.92-0.220.180.960.190.580.89-0.08-0.740.910.710.930.82-0.710.87-0.71
0.940.780.870.90.89-0.040.810.920.130.92-0.280.130.950.330.670.920.07-0.770.930.70.940.72-0.560.84-0.56
0.320.460.210.20.28-0.10.280.180.130.330.131.00.130.360.450.31-0.35-0.290.34-0.140.310.150.080.410.08
0.990.880.950.920.930.00.880.920.920.33-0.160.330.920.410.790.940.03-0.850.990.630.960.72-0.50.94-0.5
-0.11-0.43-0.04-0.140.070.6-0.5-0.22-0.280.13-0.160.13-0.270.52-0.290.020.56-0.04-0.230.15-0.05-0.240.59-0.360.59
0.320.460.210.210.28-0.10.280.180.131.00.330.130.130.360.450.31-0.36-0.290.34-0.140.310.150.080.410.08
0.950.790.90.910.92-0.090.810.960.950.130.92-0.270.130.290.650.890.04-0.780.920.750.950.75-0.610.85-0.61
0.460.080.390.30.570.750.010.190.330.360.410.520.360.290.350.520.6-0.660.360.470.50.050.530.170.53
0.740.770.750.510.62-0.080.740.580.670.450.79-0.290.450.650.350.63-0.07-0.660.80.130.680.23-0.240.82-0.24
0.970.780.910.950.950.080.770.890.920.310.940.020.310.890.520.630.12-0.830.940.720.980.76-0.410.85-0.41
0.08-0.360.160.020.220.88-0.31-0.080.07-0.350.030.56-0.360.040.6-0.070.12-0.23-0.020.50.13-0.170.53-0.260.53
-0.85-0.61-0.78-0.74-0.86-0.25-0.6-0.74-0.77-0.29-0.85-0.04-0.29-0.78-0.66-0.66-0.83-0.23-0.81-0.62-0.84-0.530.21-0.690.21
0.980.920.940.930.89-0.070.910.910.930.340.99-0.230.340.920.360.80.94-0.02-0.810.60.950.75-0.530.96-0.53
0.70.330.640.770.80.40.380.710.7-0.140.630.15-0.140.750.470.130.720.5-0.620.60.760.69-0.240.39-0.24
0.990.790.930.930.980.070.770.930.940.310.96-0.050.310.950.50.680.980.13-0.840.950.760.74-0.430.85-0.43
0.740.740.640.920.67-0.220.760.820.720.150.72-0.240.150.750.050.230.76-0.17-0.530.750.690.74-0.710.71-0.71
-0.47-0.66-0.47-0.6-0.350.71-0.73-0.71-0.560.08-0.50.590.08-0.610.53-0.24-0.410.530.21-0.53-0.24-0.43-0.71-0.641.0
0.90.980.880.850.77-0.310.970.870.840.410.94-0.360.410.850.170.820.85-0.26-0.690.960.390.850.71-0.64-0.64
-0.47-0.66-0.47-0.6-0.350.71-0.73-0.71-0.560.08-0.50.590.08-0.610.53-0.24-0.410.530.21-0.53-0.24-0.43-0.711.0-0.64
Click cells to compare fundamentals

OSI Systems Account Relationship Matchups

OSI Systems fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.4B1.4B1.6B1.8B1.9B
Short Long Term Debt Total327.0M277.3M353.2M359.6M413.5M434.2M
Other Current Liab157.1M164.2M164.3M188.4M216.6M227.4M
Total Current Liabilities330.1M344.8M614.0M571.7M657.4M690.3M
Total Stockholder Equity572.2M639.8M638.4M726.2M835.1M876.8M
Property Plant And Equipment Net127.9M118.0M109.7M108.9M125.3M97.1M
Net Debt250.9M196.7M289.0M282.8M325.2M341.5M
Retained Earnings474.8M548.8M663.9M736.0M846.4M888.7M
Accounts Payable84.9M141.3M125.2M139.0M159.9M167.9M
Cash76.1M80.6M64.2M76.8M88.3M59.5M
Non Current Assets Total650.8M675.0M697.0M715.8M823.2M864.3M
Non Currrent Assets Other84.0M109.0M101.5M116.5M134.0M108.0M
Cash And Short Term Investments76.1M80.6M64.2M76.8M88.3M59.9M
Net Receivables269.8M290.7M308.0M380.8M438.0M459.9M
Common Stock Shares Outstanding18.6M18.4M17.9M17.2M19.8M18.2M
Liabilities And Stockholders Equity1.3B1.4B1.4B1.6B1.8B1.9B
Non Current Liabilities Total366.3M399.8M190.8M257.8M296.5M311.3M
Inventory241.2M294.2M333.9M338.0M388.7M408.1M
Other Current Assets30.5M43.9M40.1M44.3M50.9M36.5M
Other Stockholder Equity(25.2M)(14.7M)(25.5M)(19.6M)(17.7M)(16.8M)
Total Liab696.4M744.5M804.7M829.5M953.9M1.0B
Property Plant And Equipment Gross127.9M118.0M267.0M282.7M325.1M341.3M
Total Current Assets617.7M709.4M746.1M839.9M965.9M1.0B
Accumulated Other Comprehensive Income(25.2M)(14.7M)(25.5M)(19.6M)(17.7M)(16.8M)
Short Term Debt59.9M846K304.6M223.1M256.5M269.4M
Common Stock Total Equity122.6M105.7M17K9.8M11.3M10.7M
Intangible Assets128.3M127.6M138.4M140.9M162.0M170.1M
Common Stock122.6M105.7M17K9.8M11.3M10.7M
Other Assets56.1M109.0M73.1M83.9M96.5M101.3M
Long Term Debt267.1M276.4M48.7M136.5M157.0M164.8M
Property Plant Equipment155.9M118.0M109.7M108.9M125.3M105.3M
Other Liab79.5M123.4M111.7M97.6M112.2M65.8M
Current Deferred Revenue28.2M38.5M19.9M21.3M24.4M35.3M
Good Will310.6M320.3M336.4M349.5M401.9M422.0M
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 Other93.4M123.4M131.0M121.3M109.2M77.9M
Short Long Term Debt59.9M846K304.6M223.1M256.5M269.4M

OSI Systems Investors Sentiment

The influence of OSI Systems' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in OSI. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to OSI Systems' public news can be used to forecast risks associated with an investment in OSI. The trend in average sentiment can be used to explain how an investor holding OSI can time the market purely based on public headlines and social activities around OSI Systems. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
OSI Systems' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for OSI Systems' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average OSI Systems' news discussions. The higher the estimated score, the more favorable is the investor's outlook on OSI Systems.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards OSI Systems in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, OSI Systems' short interest history, or implied volatility extrapolated from OSI Systems options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether OSI Systems is a strong investment it is important to analyze OSI Systems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact OSI Systems' future performance. For an informed investment choice regarding OSI Stock, refer to the following important reports:
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 tightly coupled 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.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for OSI Stock analysis

When running OSI Systems' price analysis, check to measure OSI Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy OSI Systems is operating at the current time. Most of OSI Systems' value examination focuses on studying past and present price action to predict the probability of OSI Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OSI Systems' price. Additionally, you may evaluate how the addition of OSI Systems to your portfolios can decrease your overall portfolio volatility.
Transaction History
View history of all your transactions and understand their impact on performance
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Stocks Directory
Find actively traded stocks across global markets
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Is OSI Systems' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OSI Systems. If investors know OSI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OSI Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.198
Earnings Share
6.6
Revenue Per Share
81.178
Quarterly Revenue Growth
0.263
Return On Assets
0.0615
The market value of OSI Systems is measured differently than its book value, which is the value of OSI that is recorded on the company's balance sheet. Investors also form their own opinion of OSI Systems' value that differs from its market value or its book value, called intrinsic value, which is OSI Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OSI Systems' market value can be influenced by many factors that don't directly affect OSI Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OSI Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if OSI Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OSI Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.