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Ocean Power Technologies Inc   (OPTT)
Other Ticker:  
 
    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities
 

Ocean Power Technologies Inc Inventory Turnover Ratio (Sales)

Sales Formula, Quarterly Results, Trends, Rankings, Statistics,
 



OPTT Inventory to Sales Ratio (Jan 31 2024)
III. Quarter
(Apr 30 2023)
IV. Quarter
(Jan 31 2023)
III. Quarter
(Oct 31 2022)
II. Quarter
(Jul 31 2022)
I. Quarter
Y / Y Inventory Change 488.44 % 136.2 % 644.04 % - -
Y / Y Sales Change 150.98 % 29.76 % 51.65 % 22.67 % 162.5 %
Inventory to Sales Ratio (TTM) Sales 2.19 2.67 2.87 4.01 7.2
Overall Ranking # 1647 # 1931 # 2014 # #
Seq. Inventory Change 231.42 % -27.3 % 39.69 % 74.83 % 33.03 %
Seq. Sales Change 82.67 % 33.65 % 142.24 % -57.56 % -5.56 %

Inventory to Sales Ratio Comment
Due to inventory build up, inventory to sales ratio sequentially decreased to 2.19 below company average.

Within Utilities sector 72 other companies have achieved higher inventory turnover ratio. While inventory to sales ratio remained unchanged compare to previous quarter at no. .

Ocean Power Technologies Inc Inventory Turnover Ratio using Cost of Sales Formula
What is Inventory Turnover Ratio?
Who are Ocean Power Technologies Inc Customers?
Inventory to Sales Ratio Company Ranking
Within: No.
Electric Utilities Industry # 39
Utilities Sector # 73
Overall Market # 1647

Inventory Turnover Ratio Statistics (Sales Formula)
High Average Low
4.01 2.93 2.19
(Oct 31 2022)   (Jan 31 2024)







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