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Owlet (OWLT) Total Inventories : $10.52 Mil (As of Dec. 2024)


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What is Owlet Total Inventories?

Owlet's total inventories for the quarter that ended in Dec. 2024 was $10.52 Mil. Owlet's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $10.56 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Owlet's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-2.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Owlet's Days Inventory for the three months ended in Dec. 2024 was 101.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. Owlet's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.90.

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. Owlet's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.52.


Owlet Total Inventories Historical Data

The historical data trend for Owlet'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.

Owlet Total Inventories Chart

Owlet Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
7.91 17.98 18.52 6.49 10.52

Owlet Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 6.49 7.74 8.10 10.60 10.52

Owlet 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.


Owlet  (NYSE:OWLT) 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.

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

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(20.245+0.75 * 12.136+0.5 * 10.523-66.329
-8.603-0)/15.726
=-2.56

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

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

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=10.56/9.522*365 / 4
=101.20

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

Owlet's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=9.522 / 10.56
=0.90

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.

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

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=10.56 / 20.485
=0.52

* 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.


Owlet Total Inventories Related Terms

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Owlet Business Description

Traded in Other Exchanges
N/A
Address
2940 West Maple Loop Drive, Suite 203, Lehi, UT, USA, 84043
Owlet Inc is engaged in providing a digital parenting platform that aims to give parents real-time data and insights to help parents feel more calm and confident. Its diversified portfolio of products includes Owlet Smart Sock, the first baby monitor to track an infant's oxygen levels, heart rate, and sleep trends; the Owlet Cam, which turns any smartphone into a baby monitor with high-definition clarity; the Owlet Monitor Duo, which offers the intelligence of the Owlet Smart Sock paired with the Owlet Cam; and Owlet Dream Lab, an interactive online program designed to be a parent's guide to building healthy sleep habits for their infants.
Executives
Jonathan Harris officer: President & CRO 3000 CLEARVIEW WAY, SAN MATEO CA 94402
Kurt Workman director, officer: Chief Executive Officer C/O OWLET, INC., 2500 EXECUTIVE PARKWAY, SUITE 500, LEHI UT 84043
Kathryn R. Scolnick officer: Chief Financial Officer 3300 N ASHTON BLVD, STE 300, LEHI UT 84043
Marc F Stoll director C/O ARISTA NETWORKS, INC., 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Melissa Gonzales director C/O OWLET, INC., 3300 NORTH ASHTON BOULEVARD, SUITE 300, LEHI UT 84043
Jason Knafel director 514 HIGH STREET, PALO ALTO CA 94301
Eclipse Early Growth Fund I, L.p. 10 percent owner 514 HIGH STREET, SUITE 4, PALO ALTO CA 94301
Eclipse Early Growth Gp I, Llc 10 percent owner 514 HIGH STREET, SUITE 4, PALO ALTO CA 94301
Trilogy Equity Partners, Llc 10 percent owner 155 108TH AVE NE, SUITE 400, BELLEVUE WA 98004
Michael P. Abbott director, officer: President C/O OWLET, INC., 2500 EXECUTIVE PARKWAY, SUITE 500, LEHI UT 84043
Nathaniel Yoo officer: Chief Accounting Officer C/O OWLET, INC., 2500 EXECUTIVE PARKWAY, SUITE 500, LEHI UT 84043
Eclipse Continuity Fund I, L.p. 10 percent owner 514 HIGH STREET, SUITE 4, PALO ALTO CA 94301
Zane M Burke director C/O LIVONGO HEALTH, INC., 150 WEST EVELYN AVENUE, SUITE 150, MOUNTAIN VIEW CA 94041
John C. Kim director C/O OWLET, INC., 2500 EXECUTIVE PARKWAY, SUITE 500, LEHI UT 84043
Amy Nam Mccullough director C/O OWLET, INC., 2500 EXECUTIVE PARKWAY, SUITE 500, LEHI UT 84043