OSI Systems, Inc. — Earnings Quality Grade F
OSIS · Technology
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO surged by 25 days (154 → 178)
AR outpaced revenue for 2 consecutive years
Revenue 11.3%, CFFO 211.5%. Cash follows revenue
Expense Quality
Inventory 2.3% vs COGS 11.7%. Normal
CapEx growth 5.2% vs revenue 11.3%. Normal
SG&A/Gross Profit = 49.5%. Normal
Gross margin 34.3%, change -0.2pp. Stable
Cash Flow Quality
CFFO/NI = 0.65. Below 1.0
FCF < 50% of Net Income for 2 years
Accruals ratio = 2.3%. Low accruals
Cash $0.1B covers only 16% of debt $0.6B
Balance Sheet Health
Goodwill+Intangibles $0.6B = 60% of equity. Over 50%
Debt/EBITDA = 2.5x. Healthy
Other assets 4.7% vs revenue 11.3%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions negative for 2/3 years
Goodwill+Intangibles change 16% YoY. Normal
Manipulation Score
M-Score = -2.13 (grey zone)
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25