The historical rank and industry rank for Universal Electronics's Days Inventory or its related term are showing as below:
UEIC'
s Days Inventory Range Over the Past 10 Years
Min: 89.44 Med: 102.37 Max: 129.12
Current: 124.45
During the past 13 years, Universal Electronics's highest Days Inventory was 129.12. The lowest was 89.44. And the median was 102.37.
UEIC's Days Inventory is ranked worse than 59.59% of 2408
companies
in the Hardware industry
Industry Median: 102.555
vs UEIC: 124.45
Universal Electronics's Days Inventory
declined
from Dec. 2022 (139.10) to Dec. 2023 (118.87).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Universal Electronics's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.77.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Universal Electronics's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.93.
Universal Electronics Days Inventory Historical Data
The historical data trend for Universal Electronics's Days Inventory can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Universal Electronics's Days Inventory
For the Consumer Electronics subindustry, Universal Electronics's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Universal Electronics's Days Inventory Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Universal Electronics's Days Inventory distribution charts can be found below:
* The bar in red indicates where Universal Electronics's Days Inventory falls into.
Universal Electronics Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Universal Electronics's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Universal Electronics (NAS:UEIC) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Universal Electronics's Inventory Turnover for the
three
months ended in Dec. 2023 is calculated as
2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Universal Electronics's Inventory to Revenue for the
three
months ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Universal Electronics Days Inventory Related Terms
Thank you for viewing the detailed overview of Universal Electronics's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Universal Electronics (Universal Electronics) Business Description
Universal Electronics Inc is a United States-based company that is principally engaged in developing and manufacturing a series of electronic products, including wireless control products, audio-video accessories, intelligent wireless automation components, and software. The company focuses on the subscription broadcast, consumer electronics and residential security markets, with customers consisting of subscription broadcasters, original equipment manufacturer, private-label brands, retailers, pro-security dealers, and companies in the computing industry. The company has a global presence and generates most of its total revenue from the United States.
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