Universal (Universal) Change In Inventory : $-169 Mil (TTM As of Mar. 2024)

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What is Universal Change In Inventory?

Universal's change in inventory for the quarter that ended in Mar. 2024 was $0 Mil. It means Universal's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Universal's change in inventory for the fiscal year that ended in Mar. 2024 was $0 Mil. It means Universal's inventory stayed the same from Mar. 2023 to Mar. 2024 .

Universal's Total Inventories for the quarter that ended in Mar. 2024 was $1,264 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Universal's Days Inventory for the quarter that ended in Mar. 2024 was 181.74.

Inventory Turnover measures how fast the company turns over its inventory within a year. Universal's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.50.

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's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.60.

Universal Change In Inventory Historical Data

The historical data trend for Universal'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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Universal Change In Inventory Chart

Universal Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

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-94.54

54.55

-245.92

-41.87

Universal 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															42.38	-263.17	-6.25	100.29	-

Universal 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 $-169 Mil.

Universal (NYSE:UVV) Change In Inventory Explanation

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

Universal's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1234.687	/	619.942	*	365 / 4
	=	181.74

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	619.942	/	1234.687
	=	0.50

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1234.687	/	770.86
	=	1.60

Universal Change In Inventory Related Terms

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Universal (Universal) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Universal Corp (NYSE:UVV) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

UVV:Germany UVV:Germany

Address

9201 Forest Hill Avenue, Richmond, VA, USA, 23235

Website

http://www.universalcorp.com

Universal Corp is a global leaf tobacco supplier. The company procures leaf tobacco from farmers, processes it, and sells it to companies that manufacture consumer tobacco products. Universal does not manufacture or sell any consumer products itself. The company's segment includes Tobacco Operations and Ingredients Operations. It generates maximum revenue from the Tobacco Operations segment. Geographically, it derives a majority of revenue from the United States.

Executives

Candace C Formacek	officer: Vice President & Treasurer	PO BOX 25099, RICHMOND VA 23260
Robert C Sledd	director	9201 FOREST HILL AVENUE, RICHMOND VA 23235
Airton L Hentschke	officer: SVP & COO	9201 FOREST HILL AVENUE, RICHMOND VA 23235
Lennart R. Freeman	director	9201 FOREST HILL AVENUE, RICHMOND VA 23235
Mckeen Starke	officer: Senior VP & Sales Director	9201 FOREST HILL AVENUE, RICHMOND VA 23235
Preston Douglas Wigner	officer: VP, General Counsel & Secy	9201 FOREST HILL AVENUE, PO BOX 25099, RICHMOND VA 23260
Schick Arthur J. Jr.	director	9201 FOREST HILL AVENUE, RICHMOND VA 23235
Theodore G Broome	other: Subsidiary Officer	PO BOX 25099, RICHMOND VA 23260
Thomas H Johnson	director	9201 FOREST HILL AVENUE, RICHMOND VA 23235
Diana F Cantor	director	9201 FOREST HILL AVENUE, RICHMOND VA 23235
Michael T Lawton	director	DOMINO'S PIZZA, 30 FRANK LLOYD WRIGHT DRIVE, ANN ARBOR MI 48106
Tullidge Thomas H Jr	director	PO BOX 25099, RICHMOND VA 23260
Jacqueline T. Williams	director	UNIVERSAL CORP., 9201 FOREST HILL AVENUE, RICHMOND VA 23235
Scott J Bleicher	officer: Vice President and Controller	PO BOX 25099, RICHMOND VA 23260
John Patrick O'keefe	other: Subsidiary Officer	9201 FOREST HILL AVENUE, RICHMOND VA 23235