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ODDITY Tech (ODDITY Tech) Change In Inventory : $-17.2 Mil (TTM As of Mar. 2024)


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What is ODDITY Tech Change In Inventory?

ODDITY Tech's change in inventory for the quarter that ended in Mar. 2024 was $-3.3 Mil. It means ODDITY Tech's inventory increased by $3.3 Mil from Dec. 2023 to Mar. 2024 .

ODDITY Tech's change in inventory for the fiscal year that ended in Dec. 2023 was $-13.6 Mil. It means ODDITY Tech's inventory increased by $13.6 Mil from Dec. 2022 to Dec. 2023 .

ODDITY Tech's Total Inventories for the quarter that ended in Mar. 2024 was $87.4 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ODDITY Tech's Days Inventory for the quarter that ended in Mar. 2024 was 140.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. ODDITY Tech's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.65.

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. ODDITY Tech's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.41.

ODDITY Tech Change In Inventory Historical Data

The historical data trend for ODDITY Tech'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.

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ODDITY Tech Change In Inventory Chart

ODDITY Tech Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Change In Inventory
-6.04 -35.73 -18.77 -13.60

ODDITY Tech Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.38 7.34 -7.46 -13.85 -3.27

ODDITY Tech 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-17.2 Mil.

* 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.

ODDITY Tech  (NAS:ODD) Change In Inventory Explanation

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

ODDITY Tech's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=85.7405/55.522*365 / 4
=140.91

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

ODDITY Tech's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=55.522 / 85.7405
=0.65

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.

ODDITY Tech's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=85.7405 / 211.628
=0.41

* 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.

ODDITY Tech Change In Inventory Related Terms

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ODDITY Tech (ODDITY Tech) Business Description

Industry
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Traded in Other Exchanges
N/A
Address
8 Haharash Street, Tel Aviv-Jaffa, ISR, 6761304
Website
https://www.oddity.com
ODDITY Tech Ltd offers a consumer tech platform that is built to transform the global beauty and wellness market. The ODDITY platform is designed to support a portfolio of brands and services that aim to innovate and disrupt the expansive global beauty and wellness market. It consumes user data to develop physical beauty and wellness products that deliver performance and functionality.