Omega Flex, Inc. Change in inventories

Change in inventories of OFLX for past 10 years: annual, quarterly and twelve month trailing (TTM) including Change in inventories growth rates and interactive chart.


Highlights and Quick Summary

  • Change in inventories for the quarter ending March 30, 2021 was $-466 Thousand (a -104.1% decrease compared to previous quarter)
  • Year-over-year quarterly Change in inventories decreased by -104.19%
  • Annual Change in inventories for 2020 was $11.1 Million (a 37.46% increase from previous year)
  • Annual Change in inventories for 2019 was $8.05 Million (a 0.2% increase from previous year)
  • Annual Change in inventories for 2018 was $8.04 Million (a 9.98% increase from previous year)
  • Twelve month Change in inventories ending March 30, 2021 was $33.2 Million (a -25.84% decrease compared to previous quarter)
  • Twelve month trailing Change in inventories increased by 61.26% year-over-year
Trailing Change in inventories for the last four month:
30 Mar '21 30 Dec '20 29 Sep '20 29 Jun '20
$33.2 Million $44.8 Million $32.9 Million $20.6 Million
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Historical Change in inventories of Omega Flex, Inc.

Most recent Change in inventoriesof OFLX including historical data for past 10 years.

Interactive Chart of Change in inventories of Omega Flex, Inc.

Omega Flex, Inc. Change in inventories for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $-0.47
2020 $11.36 $11.2 $11.13 $11.11 $11.07
2019 $-0.49 $-1.15 $-0.62 $-0.76 $8.05
2018 $-0.42 $0.62 $-0.41 $0.27 $8.04
2017 $0.25 $0.16 $-0.33 $-0.77 $7.31
2016 $-0.79 $0.31 $0.28 $0.78 $7.96
2015 $0.08 $-1.11 $-0.51 $-1.04
2014 $-0.68 $0.68 $-0.24 $-0.29 $-0.53
2013 $0.33 $-0.12 $0.64 $-0.51 $0.33
2012 $-0.79 $0.25 $0.21 $-0.37 $-0.71
2011 $-0.44 $0.41 $0.21 $-0.8 $-0.62
2010 $0.22 $0.41 $-0.55 $0.14

Business Profile of Omega Flex, Inc.

Sector: Industrials
Industry: Specialty Industrial Machinery
Omega Flex, Inc., together with its subsidiaries, manufactures and sells flexible metal hoses and accessories in the United States and internationally. It offers flexible gas piping for use in residential and commercial buildings, as well as its fittings; and corrugated medical tubing for use in hospitals, ambulatory care centers, dental, physician and veterinary clinics, laboratories, and other facilities. The company sells its products under the TracPipe, CounterStrike, AutoSnap, AutoFlare, DoubleTrac, DEF-Trac, and MediTrac brand names. It serves various markets, including construction, manufacturing, transportation, petrochemical, pharmaceutical, and other industries. The company sells its products through independent sales representatives, distributors, original equipment manufacturers, and direct sales, as well as through its website. The company was formerly known as Tofle America, Inc. and changed its name to Omega Flex, Inc. in 1996. Omega Flex, Inc. was incorporated in 1975 and is based in Exton, Pennsylvania.