Ozop Energy Solutions (Ozop Energy Solutions) Change In Inventory : $1.02 Mil (TTM As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Ozop Energy Solutions Change In Inventory?

Ozop Energy Solutions's change in inventory for the quarter that ended in Dec. 2023 was $0.24 Mil. It means Ozop Energy Solutions's inventory declined by $0.24 Mil from Sep. 2023 to Dec. 2023 .

Ozop Energy Solutions's change in inventory for the fiscal year that ended in Dec. 2023 was $1.02 Mil. It means Ozop Energy Solutions's inventory declined by $1.02 Mil from Dec. 2022 to Dec. 2023 .

Ozop Energy Solutions's Total Inventories for the quarter that ended in Dec. 2023 was $1.09 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ozop Energy Solutions's Days Inventory for the quarter that ended in Dec. 2023 was 134.95.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ozop Energy Solutions's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.68.

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. Ozop Energy Solutions's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.96.

Ozop Energy Solutions Change In Inventory Historical Data

The historical data trend for Ozop Energy Solutions'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.

* Premium members only.

Ozop Energy Solutions Change In Inventory Chart

Ozop Energy Solutions Annual Data

Trend

Apr16

Apr17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-0.72

0.61

-0.79

-2.81

1.02

Ozop Energy Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-2.40	1.95	-1.31	0.13	0.24

Ozop Energy Solutions Change In Inventory Calculation

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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.02 Mil.

Ozop Energy Solutions (OTCPK:OZSC) Change In Inventory Explanation

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

Ozop Energy Solutions's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1.646	/	1.113	*	365 / 4
	=	134.95

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Ozop Energy Solutions's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.113	/	1.646
	=	0.68

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.

Ozop Energy Solutions's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.646	/	0.556
	=	2.96

Ozop Energy Solutions Change In Inventory Related Terms

Thank you for viewing the detailed overview of Ozop Energy Solutions's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Ozop Energy Solutions (Ozop Energy Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ozop Energy Solutions Inc (OTCPK:OZSC) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Ronald Reagan Boulevard, Warwick, NY, USA, 10990

Website

https://www.ozopenergy.com

Ozop Energy Solutions Inc is engaged in the renewable, electric vehicle, energy storage, and energy resiliency sectors. The company invents, designs, develops, manufactures, and distributes ultra-high power chargers, inverters, and power supplies for a wide variety of applications in the defense, heavy industrial, aircraft ground support, maritime and other sectors. The components it distributes include PV panels, solar inverters, solar mounting systems, stationary batteries, onsite generators, and other associated electrical equipment and components that are all manufactured by multiple companies, both domestic and international.

Executives

Thomas J Mcleer	officer: Chief Operating Officer	20 BLUE HORIZON, LAGUNA NIGUEL CA 92677
Michael D Chermak	director, 10 percent owner, officer: CEO
Barry S Hollander	officer: CFO	319 CLEMATIS ST, SUITE 812, WEST PALM BEACH FL 33401
Salman J Chaudhry	director, officer: COO
Eric Siu	director, 10 percent owner	319 CLEMATIS STREET, SUITE 714, WEST PALM BEACH FL 33401
Rwo Medical Consulting Llc	10 percent owner	5227 W ADAMS AVE, #401, TEMPLE TX 76502