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Ocwen Financial (Ocwen Financial) Days Inventory

: 0.00 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Ocwen Financial's Average Total Inventories for the three months ended in Dec. 2023 was $0 Mil. Ocwen Financial's Cost of Goods Sold for the three months ended in Dec. 2023 was $135 Mil. Hence, Ocwen Financial's Days Inventory for the three months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Ocwen Financial's Days Inventory or its related term are showing as below:

OCN's Days Inventory is not ranked *
in the Banks industry.
Industry Median: 20.295
* Ranked among companies with meaningful Days Inventory only.

Ocwen Financial's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

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

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. Ocwen Financial's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


Ocwen Financial Days Inventory Historical Data

The historical data trend for Ocwen Financial's Days 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.

Ocwen Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Ocwen Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison

For the Mortgage Finance subindustry, Ocwen Financial's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ocwen Financial Days Inventory Distribution

For the Banks industry and Financial Services sector, Ocwen Financial's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ocwen Financial's Days Inventory falls into.



Ocwen Financial Days Inventory Calculation

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

Ocwen Financial's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 560.1*365
=0 / 560.1*365
=0.00

Ocwen Financial's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 135.1*365 / 4
=0 / 135.1*365 / 4
=0.00

* 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.


Ocwen Financial  (NYSE:OCN) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Ocwen Financial's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

2. 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.

Ocwen Financial's Inventory to Revenue for the three months ended in Dec. 2023 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Ocwen Financial Days Inventory Related Terms

Thank you for viewing the detailed overview of Ocwen Financial's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Ocwen Financial (Ocwen Financial) Business Description

Traded in Other Exchanges
N/A
Address
1661 Worthington Road, Suite 100, West Palm Beach, FL, USA, 33409
Ocwen Financial Corp is a financial service company that services and originates loans. Its business segment includes Servicing and Lending. Servicing segment provides residential and commercial mortgage loan servicing, special servicing and asset management services. Lending segment originates and purchases conventional and government-insured residential forward and reverse mortgage loans mainly through correspondent lending arrangements, broker relationships and directly with mortgage customers. The company generates a majority of its revenue from the Servicing segment. Geographically, it generates a majority of its revenue from the United States.
Executives
Jenna D. Evans officer: Chief Risk & Compliance 1661 WORTHINGTON RD, SUITE 100, WEST PALM BEACH FL 33409
Sean Bradley O'neil officer: EVP & Chief Financial Officer 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
Jacques J Busquet director C/O OCWEN FINANCIAL CORPORATION, 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
Jenne K Britell director 100 FIRST STAMFORD PLACE, SUITE 700, STAMFORD CT 06902
Phyllis R Caldwell director AMERICAN CAPITAL, LTD., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Glen A. Messina director, officer: President and CEO 3000 LEADENHALL ROAD, MOUNT LAUREL NJ 08054
Dennis Zeleny officer: Chief Administrative Officer 1818 MARKET STREET, SUITE 1500, PHILADELPHIA PA 19103-7583
Aaron D Wade officer: EVP, Capital Markets 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
George T. Henley officer: EVP & Chief Growth Officer C/O OCWEN FINANCIAL CORPORATION, 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
Soaries Deforest B. Jr. director C/O INDEPENDENCE REALTY TRUST, 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
Joseph B Long officer: EVP, Capital Markets C/O EVERBANK FINANCIAL CORP, 501 RIVERSIDE AVENUE, JACKSONVILLE FL 32202
Kevin Stein director 3000 LEADENHALL RD., MAILSTOP PCLG, MOUNT LAUREL NJ 08054
Deer Park Road Management Company, Lp 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Scott Edward Burg 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Agatecreek Llc 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487