Ocean Bio-Chem's change in inventory for the quarter that ended in Jun. 2022 was $-3.58 Mil. It means Ocean Bio-Chem's inventory
increased by $3.58 Mil
from Mar. 2022 to Jun. 2022 .
Ocean Bio-Chem's change in inventory for the fiscal year that ended in Dec. 2021 was $-3.67 Mil. It means Ocean Bio-Chem's inventory
increased by $3.67 Mil
from Dec. 2020 to Dec. 2021 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Ocean Bio-Chem's Days Inventory for the quarter that ended in Jun. 2022 was 201.58.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Ocean Bio-Chem's Inventory Turnover for the quarter that ended in Jun. 2022 was 0.45.
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.
Ocean Bio-Chem's Inventory-to-Revenue for the quarter that ended in Jun. 2022 was 1.43.
Ocean Bio-Chem Change In Inventory Historical Data
The historical data trend for Ocean Bio-Chem's Change In Inventory 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.
Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.
Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.89 Mil.
* 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.
Ocean Bio-Chem (NAS:OBCI) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Ocean Bio-Chem's Days Inventory for the quarter that ended in is calculated as:
3. 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.
Ocean Bio-Chem's Inventory to Revenue for the quarter that ended in Jun. 2022 is calculated as
* 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.
Ocean Bio-Chem Change In Inventory Related Terms
Thank you for viewing the detailed overview of Ocean Bio-Chem's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Ocean Bio-Chem (Ocean Bio-Chem) Business Description
Ocean Bio-Chem Inc is engaged in the manufacturing, marketing, and distribution of a broad line of appearance, performance and maintenance products for the marine, automotive, power sports, recreational vehicle, home care and outdoor power equipment markets, under the Star brite and Star Tron brand names. It sells these products within the USA and Canada. The company produces private label formulations of many of its products for various customers and provide custom blending and packaging services for these and other products. It also manufactures, markets and distributes chlorine dioxide-based deodorizing disinfectant, and sanitizing products under the Star brite and Performacide brand names, utilizing a patented delivery system for use with products containing chlorine dioxide.
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