Owlet (OWLT) Change In Inventory : $7.10 Mil (TTM As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Owlet Change In Inventory?

Owlet's change in inventory for the quarter that ended in Mar. 2024 was $-1.25 Mil. It means Owlet's inventory increased by $1.25 Mil from Dec. 2023 to Mar. 2024 .

Owlet's change in inventory for the fiscal year that ended in Dec. 2023 was $12.12 Mil. It means Owlet's inventory declined by $12.12 Mil from Dec. 2022 to Dec. 2023 .

Owlet's Total Inventories for the quarter that ended in Mar. 2024 was $7.74 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Owlet's Days Inventory for the quarter that ended in Mar. 2024 was 79.15.

Inventory Turnover measures how fast the company turns over its inventory within a year. Owlet's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.15.

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. Owlet's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.48.

Owlet Change In Inventory Historical Data

The historical data trend for Owlet'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.

Owlet Change In Inventory Chart

Owlet Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-3.47

-11.65

-1.18

12.12

Owlet Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial										3.77	2.45	1.35	4.55	-1.25

Owlet 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 $7.10 Mil.

Owlet (NYSE:OWLT) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	7.1155	/	8.203	*	365 / 4
	=	79.15

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8.203	/	7.1155
	=	1.15

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7.1155	/	14.75
	=	0.48

Owlet Change In Inventory Related Terms

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

Owlet (OWLT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Owlet Inc (NYSE:OWLT) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

3300 North Ashton Boulevard, Suite 300, Lehi, UT, USA, 84043

Website

https://www.owletcare.com

Owlet Inc is engaged in providing a digital parenting platform that aims to give parents real-time data and insights to help parents feel more calm and confident. Its diversified portfolio of products includes Owlet Smart Sock, the first baby monitor to track an infant's oxygen levels, heart rate, and sleep trends; the Owlet Cam, which turns any smartphone into a baby monitor with high-definition clarity; the Owlet Monitor Duo, which offers the intelligence of the Owlet Smart Sock paired with the Owlet Cam; and Owlet Dream Lab, an interactive online program designed to be a parent's guide to building healthy sleep habits for their infants.

Executives

Kathryn R. Scolnick	officer: Chief Financial Officer	3300 N ASHTON BLVD, STE 300, LEHI UT 84043
Kurt Workman	director, officer: Chief Executive Officer	C/O OWLET, INC., 2500 EXECUTIVE PARKWAY, SUITE 500, LEHI UT 84043
Marc F Stoll	director	C/O ARISTA NETWORKS, INC., 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Jonathan Harris	officer: President & CRO	3000 CLEARVIEW WAY, SAN MATEO CA 94402
Melissa Gonzales	director	C/O OWLET, INC., 3300 NORTH ASHTON BOULEVARD, SUITE 300, LEHI UT 84043
Jason Knafel	director	514 HIGH STREET, PALO ALTO CA 94301
Eclipse Early Growth Fund I, L.p.	10 percent owner	514 HIGH STREET, SUITE 4, PALO ALTO CA 94301
Eclipse Early Growth Gp I, Llc	10 percent owner	514 HIGH STREET, SUITE 4, PALO ALTO CA 94301
Trilogy Equity Partners, Llc	10 percent owner	155 108TH AVE NE, SUITE 400, BELLEVUE WA 98004
Michael P. Abbott	director, officer: President	C/O OWLET, INC., 2500 EXECUTIVE PARKWAY, SUITE 500, LEHI UT 84043
Nathaniel Yoo	officer: Chief Accounting Officer	C/O OWLET, INC., 2500 EXECUTIVE PARKWAY, SUITE 500, LEHI UT 84043
Eclipse Continuity Fund I, L.p.	10 percent owner	514 HIGH STREET, SUITE 4, PALO ALTO CA 94301
Zane M Burke	director	C/O LIVONGO HEALTH, INC., 150 WEST EVELYN AVENUE, SUITE 150, MOUNTAIN VIEW CA 94041
John C. Kim	director	C/O OWLET, INC., 2500 EXECUTIVE PARKWAY, SUITE 500, LEHI UT 84043
Amy Nam Mccullough	director	C/O OWLET, INC., 2500 EXECUTIVE PARKWAY, SUITE 500, LEHI UT 84043