Omega Flex, Inc. Inventory Turnover

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

Highlights and Quick Summary

  • Annual Inventory Turnover for 2020 was 4.46 (a -19.24% decrease from previous year)
  • Annual Inventory Turnover for 2019 was 5.52 (a -6.94% decrease from previous year)
  • Annual Inventory Turnover for 2018 was 5.93 (a 6.74% increase from previous year)
  • Twelve month Inventory Turnover ending December 30, 2020 was 3.87 (a 0.84% increase compared to previous quarter)
  • Twelve month trailing Inventory Turnover decreased by -7.27% year-over-year
Trailing Inventory Turnover for the last four month:
30 Dec '20 29 Sep '20 29 Jun '20 30 Mar '20
3.87 3.84 4.01 4.18
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Historical Inventory Turnover of Omega Flex, Inc.

Most recent Inventory Turnoverof OFLX including historical data for past 10 years.

Interactive Chart of Inventory Turnover of Omega Flex, Inc.

Omega Flex, Inc. Inventory Turnover for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 4.46
2019 5.52
2018 5.93
2017 5.56
2016 4.75
2015 4.62
2014 4.99
2013 5.09
2012 4.57
2011 4.24
2010 3.7

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.