Omega Flex OFLX Inventory write-downs
Inventory write-downs at other companies
Other financials
Where this comes from
Reported directly by Omega Flex in its filing.
Tagged under the XBRL concept us-gaap:InventoryWriteDown.
The official record: Omega Flex’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Omega Flex's inventory write-downs?
- Omega Flex (OFLX) reported inventory write-downs of -$272K in Q1 2026.
- How has Omega Flex's inventory write-downs changed year-over-year?
- Omega Flex's inventory write-downs decreased by 23.1% year-over-year, from -$221K to -$272K.
- What is the long-term trend for Omega Flex's inventory write-downs?
- Over 2 years (2022 to 2024), Omega Flex's inventory write-downs has grown at a 39.5% compound annual growth rate (CAGR), from $91K to $177K.
- What does inventory write-downs mean?
- This metric represents the non-cash charge taken to reduce the carrying value of inventory when its market value falls below its cost. It serves as an indicator of inventory obsolescence, quality issues, or shifting market demand for manufactured goods. High or frequent write-downs may signal inefficiencies in inventory management or product lifecycle planning.