Oceanfirst Financial (OCFC) Change in Inventory (2015 - 2021)

Oceanfirst Financial's (OCFC) quarterly Change in Inventory came in at -$168.1 million in Q4 2021, down 44.59% year-on-year from -$303.3 million in Q4 2020, and down 399.35% quarter-over-quarter from $56.1 million in Q3 2021.

Oceanfirst Financial (OCFC) Change in Inventory (2015 - 2021) Analysis & Trends

Oceanfirst Financial's Change in Inventory history runs 7 years deep, the most recent figure standing at -$168.1 million for 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 fell to -$168.1 million in Q4 2021 per OCFC's latest filing, from $56.1 million in the prior quarter.
  • Across five years, Change in Inventory topped out at $89.6 million in Q3 2018 and bottomed at -$168.1 million in Q4 2021.
  • The 5-year median for Change in Inventory is $25.9 million (2017), against an average of $5.4 million.
  • Across the five-year window, Change in Inventory slumped 497.56% in 2018 and soared 268.6% in 2020, its largest moves.
  • Year by year, Change in Inventory stood at $23.1 million in 2017, then slumped by 497.56% to -$91.7 million in 2018, then advanced by 2.65% to -$89.3 million in 2019, then sank by 30.19% to -$116.2 million in 2020, then plunged by 44.59% to -$168.1 million in 2021.
  • Per Business Quant, the three latest OCFC Change in Inventory figures stand at -$168.1 million (Q4 2021), $56.1 million (Q3 2021), and $59.5 million (Q2 2021).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 -
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - -
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -
5 Mizuho Financial 385.64 Bn 389.59 Bn - 122.09 Bn
6 Lloyds Banking 358.14 Bn 358.14 Bn - -
7 First Capital 200.03 Bn 199.69 Bn - -
8 Landmark Bancorp 187.97 Bn 187.94 Bn - -
9 Pnc Financial Services 100.96 Bn 101.01 Bn - -105.00 Mn
10 Oceanfirst Financial 1.23 Bn 1.23 Bn -530,000.00 -

Historic Data

Download Data
DateValue
Dec 31, 2021 -168.06 Mn
Dec 31, 2021 -168.06 Mn
Sep 30, 2021 56.14 Mn
Sep 30, 2021 56.14 Mn
Jun 30, 2021 59.55 Mn
Jun 30, 2021 59.55 Mn
Mar 31, 2021 52.37 Mn
Mar 31, 2021 52.37 Mn
Dec 31, 2020 -116.23 Mn
Dec 31, 2020 -116.23 Mn
Sep 30, 2020 48.50 Mn
Sep 30, 2020 48.50 Mn
Jun 30, 2020 44.78 Mn
Jun 30, 2020 44.78 Mn
Mar 31, 2020 35.40 Mn
Mar 31, 2020 35.40 Mn
Dec 31, 2019 -89.28 Mn
Dec 31, 2019 -89.28 Mn
Sep 30, 2019 88.52 Mn
Sep 30, 2019 88.52 Mn