Ooma Inventory Turnover from 2010 to 2024

OOMA Stock  USD 11.40  0.03  0.26%   
Ooma's Inventory Turnover is decreasing over the years with slightly volatile fluctuation. Overall, Inventory Turnover is expected to go to 6.62 this year. Inventory Turnover is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. View All Fundamentals
 
Inventory Turnover  
First Reported
2010-12-31
Previous Quarter
4.71216257
Current Value
6.62
Quarterly Volatility
1.44112099
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ooma financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ooma's main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.5 M, Interest Expense of 1.2 M or Selling General Administrative of 17.6 M, as well as many indicators such as Price To Sales Ratio of 2.05, Dividend Yield of 0.0 or PTB Ratio of 3.72. Ooma financial statements analysis is a perfect complement when working with Ooma Valuation or Volatility modules.
  
Check out the analysis of Ooma Correlation against competitors.

Latest Ooma's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Ooma Inc over the last few years. It is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. Ooma's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ooma's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Slightly volatile
   Inventory Turnover   
       Timeline  

Ooma Inventory Turnover Regression Statistics

Arithmetic Mean6.13
Geometric Mean5.95
Coefficient Of Variation23.50
Mean Deviation1.17
Median6.56
Standard Deviation1.44
Sample Variance2.08
Range5.363
R-Value(0.39)
Mean Square Error1.89
R-Squared0.15
Significance0.15
Slope(0.13)
Total Sum of Squares29.08

Ooma Inventory Turnover History

2024 6.62
2023 4.71
2022 2.99
2021 5.34
2020 5.24
2019 7.43
2018 5.21

About Ooma Financial Statements

Ooma stakeholders use historical fundamental indicators, such as Ooma's Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Ooma investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ooma's assets and liabilities are reflected in the revenues and expenses on Ooma's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Ooma Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 4.71  6.62 

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Additional Information and Resources on Investing in Ooma Stock

When determining whether Ooma Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ooma's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ooma Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ooma Inc Stock:
Check out the analysis of Ooma Correlation against competitors.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Diversified Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ooma. If investors know Ooma will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ooma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.19)
Revenue Per Share
9.506
Quarterly Revenue Growth
0.099
Return On Assets
(0.02)
Return On Equity
(0.07)
The market value of Ooma Inc is measured differently than its book value, which is the value of Ooma that is recorded on the company's balance sheet. Investors also form their own opinion of Ooma's value that differs from its market value or its book value, called intrinsic value, which is Ooma's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ooma's market value can be influenced by many factors that don't directly affect Ooma's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ooma's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ooma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ooma's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.