Ooma (OOMA) Change In Inventory : $6.3 Mil (TTM As of Jan. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Ooma Change In Inventory?

Ooma's change in inventory for the quarter that ended in Jan. 2024 was $1.7 Mil. It means Ooma's inventory declined by $1.7 Mil from Oct. 2023 to Jan. 2024 .

Ooma's change in inventory for the fiscal year that ended in Jan. 2024 was $6.3 Mil. It means Ooma's inventory declined by $6.3 Mil from Jan. 2023 to Jan. 2024 .

Ooma's Total Inventories for the quarter that ended in Jan. 2024 was $19.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ooma's Days Inventory for the quarter that 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 Change In Inventory Historical Data

The historical data trend for Ooma'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.

* Premium members only.

Ooma Change In Inventory Chart

Ooma Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Change In Inventory

Get a 7-Day Free Trial

0.41

-3.38

-1.57

-12.33

6.34

Ooma Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Inventory	Get a 7-Day Free Trial															-4.20	0.97	2.38	1.32	1.67

Ooma 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.3 Mil.

Ooma (NYSE:OOMA) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	20.5625	/	23.923	*	365 / 4
	=	78.43

2. 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	/	Average Total Inventories
	=	23.923	/	20.5625
	=	1.16

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	20.5625	/	61.676
	=	0.33

Ooma Change In Inventory Related Terms

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

Ooma (OOMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ooma Inc (NYSE:OOMA) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

525 Almanor Avenue, Suite 200, Sunnyvale, CA, USA, 94085

Website

https://www.ooma.com

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