Oceanfirst Financial (OCFC) Change in Inventory (2015 - 2021)
Oceanfirst Financial (OCFC) posted quarterly Change in Inventory of -$168.1 million for Q4 2021, down 44.59% year-over-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.
- In Q4 2021, Change in Inventory fell 44.59% year-over-year to -$168.1 million; the TTM figure through Sep 2021 stood at $51.8 million (up 31.53% YoY), while the FY2020 annual figure was $12.4 million, changed N/A from the prior year.
- Change in Inventory for Q4 2021 stood at -$168.1 million, down from $56.1 million in the prior quarter.
- The five-year high for Change in Inventory was $89.6 million in Q3 2018, with the low 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.
- The sharpest annual moves came in 2018 and 2020: Change in Inventory sank 497.56% in 2018, then soared 268.6% in 2020.
- Oceanfirst Financial's Change in Inventory stood at $23.1 million in 2017, then tumbled by 497.56% to -$91.7 million in 2018, then gained 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.
- Business Quant data shows OCFC's Change in Inventory at -$168.1 million in Q4 2021, $56.1 million in Q3 2021, and $59.5 million in Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.84 Bn | 84.64 Bn | - | - |
| 2 | Pnc Financial Services | 97.68 Bn | 97.68 Bn | - | 292.00 Mn |
| 3 | Us Bancorp | 95.83 Bn | 95.83 Bn | - | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.70 Bn | -144.39 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.87 Bn | -81.44 Bn | - | - |
| 7 | Nu Holdings | 70.95 Bn | 57.26 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.54 Bn | 61.54 Bn | - | 53.00 Mn |
| 9 | Fifth Third Bancorp | 49.53 Bn | 25.81 Bn | - | - |
| 10 | Oceanfirst Financial | 1.33 Bn | 1.33 Bn | -4.36 Mn | - |
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 |