OppFi (OPFI) Days Inventory : 0.00 (As of Dec. 2023)

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What is OppFi Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). OppFi's Average Total Inventories for the three months ended in Dec. 2023 was $0.0 Mil. OppFi's Cost of Goods Sold for the three months ended in Dec. 2023 was $18.2 Mil. Hence, OppFi's Days Inventory for the three months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for OppFi's Days Inventory or its related term are showing as below:

OPFI's Days Inventory is not ranked ^*
in the Credit Services industry.
Industry Median: 40.39
* Ranked among companies with meaningful Days Inventory only.

OppFi's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

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

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. OppFi's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

OppFi Days Inventory Historical Data

The historical data trend for OppFi's Days 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.

OppFi Days Inventory Chart

OppFi Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

OppFi Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial										-	-	-	-	-

Competitive Comparison of OppFi's Days Inventory

For the Credit Services subindustry, OppFi's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

OppFi's Days Inventory Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, OppFi's Days Inventory distribution charts can be found below:

* The bar in red indicates where OppFi's Days Inventory falls into.

OppFi Days Inventory Calculation

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

OppFi's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	73.223	*	365
=	0					/	73.223	*	365
=	0.00

OppFi's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	18.229	*	365 / 4
=	0					/	18.229	*	365 / 4
=	0.00

OppFi (NYSE:OPFI) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

OppFi's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	18.229	/	0
	=

2. 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.

OppFi's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	132.924
	=	0.00

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

OppFi Days Inventory Related Terms

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

OppFi (OPFI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » OppFi Inc (NYSE:OPFI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

130 East Randolph Street, Suite 3400, Chicago, IL, USA, 60601

Website

https://www.oppfi.com

OppFi Inc is a financial technology platform that powers banks to help the everyday consumer gain access to credit with digital specialty finance products.

Executives

Christopher J. Mckay	officer: Chief Risk & Analytics Officer	130 E. RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Pamela D. Johnson	officer: Chief Accounting Officer	130 E. RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Jocelyn Moore	director	222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Todd G. Schwartz	director, 10 percent owner	105 S. MAPLE STREET, ITASCA IL 60143
Theodore G Schwartz	director, 10 percent owner	C/O APAC CUSTOMER SERVICES, INC., SIX PARKWAY NORTH, DEERFIELD IL 60015
David Vennettilli	director	105 S. MAPLE STREET, ITASCA IL 60143
Blackstone Aqua Master Sub-fund, A Sub-fund Of Blackstone Global Master Fund Icav	10 percent owner	345 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10154
Blackstone Inc.	10 percent owner	345 PARK AVENUE, NEW YORK NY 10154
Blackstone Alternative Solutions L.l.c.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVE., NEW YORK NY 10154
Stephen A Schwarzman	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVE, NEW YORK NY 10154
Blackstone Group Management L.l.c.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings I/ii Gp L.l.c.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings I L.p.	10 percent owner	C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Christina M Favilla	director	400 RELLA BOULEVARD, MONTEBELLO NY 10901
Neville Crawley	officer: President	130 E. RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601