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Ocean Power Technologies (Ocean Power Technologies) Change In Inventory : $-2.02 Mil (TTM As of Jan. 2024)


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What is Ocean Power Technologies Change In Inventory?

Ocean Power Technologies's change in inventory for the quarter that ended in Jan. 2024 was $-0.91 Mil. It means Ocean Power Technologies's inventory increased by $0.91 Mil from Oct. 2023 to Jan. 2024 .

Ocean Power Technologies's change in inventory for the fiscal year that ended in Apr. 2023 was $-0.60 Mil. It means Ocean Power Technologies's inventory increased by $0.60 Mil from Apr. 2022 to Apr. 2023 .

Ocean Power Technologies's Total Inventories for the quarter that ended in Jan. 2024 was $3.46 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ocean Power Technologies's Days Inventory for the quarter that ended in Jan. 2024 was 279.90.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ocean Power Technologies's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.33.

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. Ocean Power Technologies's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 1.68.


Ocean Power Technologies Change In Inventory Historical Data

The historical data trend for Ocean Power Technologies'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.

Ocean Power Technologies Change In Inventory Chart

Ocean Power Technologies Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.29 -0.60

Ocean Power Technologies 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 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 Premium Member Only Premium Member Only -0.41 0.39 -0.69 -0.82 -0.91

Ocean Power Technologies 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 $-2.02 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.


Ocean Power Technologies  (AMEX:OPTT) Change In Inventory Explanation

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

Ocean Power Technologies's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=3.003/0.979*365 / 4
=279.90

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

Ocean Power Technologies's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

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.

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

* 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.


Ocean Power Technologies Change In Inventory Related Terms

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Ocean Power Technologies (Ocean Power Technologies) Business Description

Traded in Other Exchanges
Address
28 Engelhard Drive, Suite B, Monroe Township, NJ, USA, 08831
Ocean Power Technologies Inc provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets. It provides ocean data collection and reporting, marine power, offshore communications, and Maritime Domain Awareness System (MDAS) products, integrated solutions, and consulting services. The company offers its products and services to a wide range of customers, including those in government and offshore energy, oil and gas, construction, wind power, and other industries. The company has operations in North and South America, Europe, Asia and Australia.
Executives
Peter E. Slaiby director 28 ENGELHARD DRIVE,, SUITE B, MONROE TOWNSHIP NJ 08831
Robert Patrick Powers officer: Senior VP and CFO 968 ALBANY SHAKER ROAD, LATHAM NY 12110
Philipp Stratmann officer: President and CEO 28 ENGELHARD DRIVE, SUITE B, MONROE TOWNSHIP NJ 08831
Lorenz Anderson Natalie M. director 28 ENGELHARD DRIVE, SUITE B, MONROE TOWNSHIP NJ 08831
Joseph Dipietro officer: Controller and Treasurer 28 ENGELHARD DRIVE, SUITE B, MONROE TOWNSHIP NJ 08831
Robert K Winters director 280 6TH AVENUE, BROOKLYN NY 11215
Diana G Purcel director C/O FAMOUS DVES OF AMERICA INC, 8091 WALLACE ROAD, EDEN PRAIRIE MN 55344
Clyde W Hewlett director 28, ENGLAND DRIVE, SUITE B, MONROE TOWNSHIP NJ 08831
Kirby George H Iii director, officer: President, CEO, and Director 28 ENGELHARD DRIVE, MONROE TOWNSHIP NJ 08831
Dean J Glover director C/O GLOBAL POWER EQUIPMENT GROUP INC., 5199 N. MINGO ROAD, TULSA OK 74117
Terence James Cryan director 2 HAMPSHIRE RD, BRONXVILLE NY 10708
Kristine S Moore director 28 ENGELHARD DRIVE, PENNINGTON NJ 08831
Steven M Fludder director 264 NANTASKET ROAD, HULL MA 02045
Christopher Phebus officer: Vice President - Engineering 28 ENGELHARD DRIVE, MONOROE TOWNSHIP NJ 08831
Matthew T Shafer officer: CFO and Treasurer 1590 REED ROAD, PENNINGTON NJ 08534