Days Inventory is also known as Days Sales of Inventory (DSI). Ultrapar Participacoes's Average Total Inventories for the
three
months ended in Dec. 2023 was $834 Mil. Ultrapar Participacoes's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $6,195 Mil.
Hence, Ultrapar Participacoes's Days Inventory for the
three
months ended in Dec. 2023 was 12.29.
The historical rank and industry rank for Ultrapar Participacoes's Days Inventory or its related term are showing as below:
UGP'
s Days Inventory Range Over the Past 10 Years
Min: 9.62 Med: 13.95 Max: 19.7
Current: 12.87
During the past 13 years, Ultrapar Participacoes's highest Days Inventory was 19.70. The lowest was 9.62. And the median was 13.95.
UGP's Days Inventory is ranked better than 74.38% of 730
companies
in the Oil & Gas industry
Industry Median: 31.555
vs UGP: 12.87
Ultrapar Participacoes's Days Inventory
declined
from Dec. 2022 (12.58) to Dec. 2023 (12.29).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Ultrapar Participacoes's Inventory Turnover for the
three
months ended in Dec. 2023 was 7.43.
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.
Ultrapar Participacoes's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.12.
Ultrapar Participacoes Days Inventory Historical Data
The historical data trend for Ultrapar Participacoes'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 Ultrapar Participacoes's Days Inventory
For the Oil & Gas Refining & Marketing subindustry, Ultrapar Participacoes'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.
Ultrapar Participacoes's Days Inventory Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ultrapar Participacoes's Days Inventory distribution charts can be found below:
* The bar in red indicates where Ultrapar Participacoes's Days Inventory falls into.
Ultrapar Participacoes Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Ultrapar Participacoes'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.
Ultrapar Participacoes (NYSE:UGP) 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.
Ultrapar Participacoes'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.
Ultrapar Participacoes'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.
Ultrapar Participacoes Days Inventory Related Terms
Thank you for viewing the detailed overview of Ultrapar Participacoes's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Ultrapar Participacoes (Ultrapar Participacoes) Business Description
Ultrapar Participacoes SA engages in the investment of its own capital in services, commercial, industrial activities, through the subscription or acquisition of shares of other companies. The Company has three business segments: gas distribution, fuel distribution and storage. The gas distribution segment (Ultragaz) distributes LPG to residential, commercial, and industrial consumers, especially in the South, Southeast, and Northeast regions of Brazil. The fuel distribution segment operates the distribution and marketing of gasoline, ethanol, diesel, fuel oil, kerosene, natural gas for vehicles, and lubricants and related activities throughout all the Brazilian territory. The storage segment operates liquid bulk terminals, especially in the Southeast and Northeast regions of Brazil.
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