Omega Inventory from 2010 to 2024

OFLX Stock  USD 48.74  0.63  1.28%   
Omega Flex Inventory yearly trend continues to be fairly stable with very little volatility. Inventory will likely drop to about 9.9 M in 2024. During the period from 2010 to 2024, Omega Flex Inventory regression line of annual values had r-squared of  0.67 and arithmetic mean of  9,707,944. View All Fundamentals
 
Inventory  
First Reported
2003-12-31
Previous Quarter
15.9 M
Current Value
16.1 M
Quarterly Volatility
3.8 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Omega Flex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Omega Flex's main balance sheet or income statement drivers, such as Interest Expense of 103.2 K, Total Revenue of 85.2 M or Gross Profit of 51.2 M, as well as many indicators such as Price To Sales Ratio of 3.84, Dividend Yield of 0.034 or PTB Ratio of 8.52. Omega financial statements analysis is a perfect complement when working with Omega Flex Valuation or Volatility modules.
  
Check out the analysis of Omega Flex Correlation against competitors.
For more information on how to buy Omega Stock please use our How to Invest in Omega Flex guide.

Latest Omega Flex's Inventory Growth Pattern

Below is the plot of the Inventory of Omega Flex over the last few years. It is Omega Flex's Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Omega Flex's overall financial position and show how it may be relating to other accounts over time.
Inventory10 Years Trend
Slightly volatile
   Inventory   
       Timeline  

Omega Inventory Regression Statistics

Arithmetic Mean9,707,944
Geometric Mean9,085,117
Coefficient Of Variation39.61
Mean Deviation3,085,800
Median8,007,000
Standard Deviation3,845,790
Sample Variance14.8T
Range12.9M
R-Value0.82
Mean Square Error5.3T
R-Squared0.67
Significance0.0002
Slope702,775
Total Sum of Squares207.1T

Omega Inventory History

20249.9 M
202315.6 M
202217.8 M
202115.6 M
202011.5 M
201911.1 M
2018M

Other Fundumenentals of Omega Flex

About Omega Flex Financial Statements

Omega Flex investors use historical fundamental indicators, such as Omega Flex's Inventory, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Omega Flex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory15.6 M9.9 M
Change To Inventory1.2 M1.3 M
Inventory Turnover 2.98  4.50 
Days Of Inventory On Hand 122.34  74.30 
Days Of Inventory Outstanding 122.34  74.30 

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Additional Tools for Omega Stock Analysis

When running Omega Flex's price analysis, check to measure Omega Flex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Omega Flex is operating at the current time. Most of Omega Flex's value examination focuses on studying past and present price action to predict the probability of Omega Flex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Omega Flex's price. Additionally, you may evaluate how the addition of Omega Flex to your portfolios can decrease your overall portfolio volatility.