What is Universal Electronics Inventory-to-Revenue?
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 Average Total Inventories for the quarter that ended in Mar. 2024 was €78.8 Mil. Universal Electronics's Revenue for the
three
months ended in Mar. 2024 was €84.5 Mil.
Universal Electronics's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.93.
Universal Electronics's Inventory-to-Revenue for the quarter that ended in Mar. 2024
declined
from Dec. 2023 (0.94) to Dec. 2023 (0.93)
A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
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
three
months ended in Mar. 2024 was 118.52.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Universal Electronics's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.77.
Universal Electronics Inventory-to-Revenue Historical Data
The historical data trend for Universal Electronics's Inventory-to-Revenue 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 Inventory-to-Revenue
For the Consumer Electronics subindustry, Universal Electronics's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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 Inventory-to-Revenue Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Universal Electronics's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Universal Electronics's Inventory-to-Revenue falls into.
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 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.
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
1. 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
three
months ended in Mar. 2024 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 Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Universal Electronics's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Universal Electronics (STU:UE1) 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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