Ultra Clean Holdings (LTS:0LID) Change In Inventory : $56 Mil (TTM As of Mar. 2024)

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What is Ultra Clean Holdings Change In Inventory?

Ultra Clean Holdings's change in inventory for the quarter that ended in Mar. 2024 was $-14 Mil. It means Ultra Clean Holdings's inventory increased by $14 Mil from Dec. 2023 to Mar. 2024 .

Ultra Clean Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was $81 Mil. It means Ultra Clean Holdings's inventory declined by $81 Mil from Dec. 2022 to Dec. 2023 .

Ultra Clean Holdings's Total Inventories for the quarter that ended in Mar. 2024 was $388 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ultra Clean Holdings's Days Inventory for the quarter that ended in Mar. 2024 was 88.06.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ultra Clean Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.04.

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. Ultra Clean Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.80.

Ultra Clean Holdings Change In Inventory Historical Data

The historical data trend for Ultra Clean Holdings's Change In 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.

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Ultra Clean Holdings Change In Inventory Chart

Ultra Clean Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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22.30

-8.00

-125.10

-84.40

80.80

Ultra Clean Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															10.90	34.20	20.50	15.20	-13.60

Ultra Clean Holdings Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $56 Mil.

Ultra Clean Holdings (LTS:0LID) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Ultra Clean Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	381.3	/	395.1	*	365 / 4
	=	88.06

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Ultra Clean Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	395.1	/	381.3
	=	1.04

3. 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.

Ultra Clean Holdings's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	381.3	/	477.7
	=	0.80

Ultra Clean Holdings Change In Inventory Related Terms

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Ultra Clean Holdings (LTS:0LID) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Ultra Clean Holdings Inc (LTS:0LID) » Definitions » Change In Inventory

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Traded in Other Exchanges

UCTT:USA UCE:Germany

Address

26462 Corporate Avenue, Hayward, CA, USA, 94545

Website

https://www.uct.com

Ultra Clean Holdings Inc, through its subsidiaries, manufactures and supplies production tools, modules, and subsystems for the semiconductor capital equipment industry. The product includes precision robotic solutions, gas delivery systems, and a variety of industrial and automation production equipment products; subsystems include wafer cleaning subsystems, chemical delivery modules, top-plate assemblies, frame assemblies, and process modules. Its customer base includes firms in the semiconductor capital equipment industry, medical, energy, industrial, flat panel, and research equipment industries. It has two segments Products and Services. Its principal markets are North America, Asia, and Europe. Its largest end markets by revenue are the United States and the International market.

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