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| Date | Value |
|---|---|
| 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 |