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Ooma (OOMA) Total Inventories : $19.8 Mil (As of Jan. 2024)


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What is Ooma Total Inventories?

Ooma's total inventories for the quarter that ended in Jan. 2024 was $19.8 Mil. Ooma's average total inventories from the quarter that ended in Oct. 2023 to the quarter that ended in Jan. 2024 was $20.6 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ooma's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-1.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ooma's Days Inventory for the three months ended in Jan. 2024 was 78.43.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ooma's Inventory Turnover for the quarter that ended in Jan. 2024 was 1.16.

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. Ooma's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.33.


Ooma Total Inventories Historical Data

The historical data trend for Ooma's Total Inventories 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.

Ooma Total Inventories Chart

Ooma Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.37 12.23 13.84 26.25 19.78

Ooma Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Total Inventories Get a 7-Day Free Trial 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 26.25 25.32 22.81 21.34 19.78

Ooma Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Ooma  (NYSE:OOMA) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Ooma's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is

Net-Net Working Capital Per Share (Q: Jan. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(17.536+0.75 * 9.864+0.5 * 19.782-81.166
-0-0)/26
=-1.78

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

Ooma's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2024 )/Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=20.5625/23.923*365 / 4
=78.43

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

Ooma's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2024 ) / Average Total Inventories (Q: Jan. 2024 )
=23.923 / 20.5625
=1.16

4. 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.

Ooma's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=20.5625 / 61.676
=0.33

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Ooma Total Inventories Related Terms

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Ooma (OOMA) Business Description

Traded in Other Exchanges
N/A
Address
525 Almanor Avenue, Suite 200, Sunnyvale, CA, USA, 94085
Ooma Inc is a United States-based provider of innovative communication solutions and other connected services to small business, home, and mobile users. The company's hybrid software-as-a-service(SaaS) platform, consisting of its proprietary cloud, on-premise appliances, mobile applications, and end-point devices, provides the connectivity and functionality that power its solutions. Its communications solutions deliver proprietary PureVoice high-definition voice quality, advanced features, and integration with mobile devices. The majority of the company's revenue is generated in the form of Subscription and services.
Executives
Eric B Stang director, officer: CEO and Pdt
William D Pearce director PO BOX 193575, SAN FRANCISCO CA 94199
James A. Gustke officer: Vice President of Marketing C/O OOMA, INC., 1880 EMBARCADERO ROAD, PALO ALTO CA 94303
Namrata Sabharwal officer: Chief Accounting Officer C/O OOMA, INC., 525 ALMANOR AVENUE, SUITE 200, SUNNYVALE CA 94085
Jenny C Yeh officer: VP, General Counsel & Sec. SPHERE 3D CORP, 9112 SPECTRUM CENTER BLVD, SAN DIEGO CA 92123
Shigeyuki Hamamatsu officer: Chief Financial Officer 1875 CHARLESTON ROAD, MOUNTAIN VIEW CA 94043
Ravi Narula officer: Chief Financial Officer C/O BIGBAND NETWORKS, INC., 475 BROADWAY STREET, REDWOOD CITY CA 94063
Russell Mann director C/O ONVIA, INC., 509 OLIVE WAY, SUITE 400, SEATTLE WA 98101
Judi Hand director 9197 S. PEORIA STREET, ENGLEWOOD CO 80112
Alison Davis director 255 FISERV DRIVE, BROOKFIELD WI 53045
Andrew H Galligan director C/O NEVRO CORP., 1800 BRIDGE PARKWAY, REDWOOD CITY CA 94065
Spencer D. Jackson officer: VP, General Counsel & Sec. C/O OOMA, INC., 1880 EMBARCADERO ROAD, PALO ALTO CA 94303
James Wei director, 10 percent owner 435 TASSO ST, SUITE 120, PALO ALTO CA 94301
Worldview Equity I, L.l.c. 10 percent owner 101 S ELLSWORTH AVENUE SUITE 401, SAN MATEO CA 94401
Susan Butenhoff director 1880 EMBARCADERO ROAD, PALO ALTO CA 94303