Oceanfirst Financial (OCFC) Change in Inventory (2015 - 2021)
Oceanfirst Financial (OCFC) posted Change in Inventory of -$168.1 million for Q4 2021, down 399.35% on a QoQ basis from $56.1 million in Q3 2021, and down 44.59% year-over-year from -$303.3 million in Q4 2020.
Oceanfirst Financial (OCFC) Change in Inventory (2015 - 2021) Analysis & Trends
Oceanfirst Financial has reported Change in Inventory for 7 years, with the latest figure at -$168.1 million in Q4 2021.
- On a quarterly basis, Change in Inventory fell 44.59% year-over-year to -$168.1 million in Q4 2021; TTM through Sep 2021 was $51.8 million, a 31.53% increase from a year earlier, with the FY2020 full-year figure at $12.4 million, changed N/A from the prior year.
- Change in Inventory was -$168.1 million for Q4 2021 at Oceanfirst Financial, down from $56.1 million in the prior quarter.
- The five-year high for Change in Inventory was $59.5 million in Q2 2021, with the low at -$168.1 million in Q4 2021.
- Average Change in Inventory over 5 years is $5.4 million, with a median of $28.9 million recorded in 2019.
- The sharpest annual moves came in 2017 and 2018: Change in Inventory surged 81.87% in 2017, then sank 497.56% in 2018.
- Over 5 years, Change in Inventory stood at $23.1 million in 2017, then tumbled by 497.56% to -$91.7 million in 2018, then climbed by 2.65% to -$89.3 million in 2019, then slumped by 30.19% to -$116.2 million in 2020, then sank by 44.59% to -$168.1 million in 2021.
- The last three Change in Inventory figures came in at -$168.1 million (Q4 2021), $56.1 million (Q3 2021), and $59.5 million (Q2 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 439.96 Bn | 559.90 Bn | - | - |
| 2 | Truist Financial | 58.71 Bn | 58.71 Bn | - | 53.00 Mn |
| 3 | Fifth Third Bancorp | 47.86 Bn | 24.13 Bn | - | - |
| 4 | M&T Bank | 32.26 Bn | 32.26 Bn | - | - |
| 5 | Huntington Bancshares | 31.70 Bn | 27.21 Bn | - | 127.00 Mn |
| 6 | Citizens Financial | 27.67 Bn | 27.67 Bn | - | - |
| 7 | Regions Financial | 23.78 Bn | 23.85 Bn | - | - |
| 8 | Keycorp | 21.85 Bn | -25.84 Bn | - | 153.00 Mn |
| 9 | First Citizens Bancshares | 21.48 Bn | 20.95 Bn | 29.00 Mn | - |
| 10 | Oceanfirst Financial | 1.22 Bn | 1.22 Bn | -4.36 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2021 | -168.06 Mn |
| Sep 30, 2021 | 56.14 Mn |
| Jun 30, 2021 | 59.55 Mn |
| Mar 31, 2021 | 52.37 Mn |
| Dec 31, 2020 | -116.23 Mn |
| Sep 30, 2020 | 48.50 Mn |
| Jun 30, 2020 | 44.78 Mn |
| Mar 31, 2020 | 35.40 Mn |
| Dec 31, 2019 | -89.28 Mn |
| Sep 30, 2019 | 31.49 Mn |
| Jun 30, 2019 | 30.47 Mn |
| Mar 31, 2019 | 27.32 Mn |
| Dec 31, 2018 | -91.72 Mn |
| Sep 30, 2018 | 31.85 Mn |
| Jun 30, 2018 | 34.07 Mn |
| Mar 31, 2018 | 25.80 Mn |
| Dec 31, 2017 | 23.07 Mn |
| Sep 30, 2017 | 25.95 Mn |
| Jun 30, 2017 | 23.67 Mn |
| Mar 31, 2017 | 23.70 Mn |
Oceanfirst Financial Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=OCFC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "OCFC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=OCFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();