Universal Technical Institute (Universal Technical Institute) Change In Inventory : $0.0 Mil (TTM As of Dec. 2023)

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What is Universal Technical Institute Change In Inventory?

Universal Technical Institute's change in inventory for the quarter that ended in Dec. 2023 was $0.0 Mil. It means Universal Technical Institute's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Universal Technical Institute's change in inventory for the fiscal year that ended in Sep. 2023 was $0.0 Mil. It means Universal Technical Institute's inventory stayed the same from Sep. 2022 to Sep. 2023 .

Universal Technical Institute's Total Inventories for the quarter that ended in Dec. 2023 was $0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Universal Technical Institute's Days Inventory for the quarter that ended in Dec. 2023 was 0.00.

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

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 Technical Institute's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Universal Technical Institute Change In Inventory Historical Data

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

Universal Technical Institute Annual Data

Trend

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Sep23

Change In Inventory

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Universal Technical Institute Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Universal Technical Institute 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 Mil.

Universal Technical Institute (NYSE:UTI) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	92.409	*	365 / 4
	=	0.00

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

Universal Technical Institute's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	92.409	/	0
	=	N/A

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 Technical Institute's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	174.695
	=	0.00

Universal Technical Institute Change In Inventory Related Terms

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Universal Technical Institute (Universal Technical Institute) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Universal Technical Institute Inc (NYSE:UTI) » Definitions » Change In Inventory

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Traded in Other Exchanges

UTI:Germany UTI:Germany

Address

4225 East Windrose Drive, Suite 200, Phoenix, AZ, USA, 85032

Website

https://www.uti.edu

Universal Technical Institute Inc is an educational institution. It provides undergraduate degree, as well as certificate programs for technicians in the automotive, diesel, collision repair, motorcycle and marine fields. The company's reportable segment includes Universal Technical Institute (UTI) and Concorde Career Colleges. Majority of the revenue is generated from UTI segment which provides different kinds of degree and non-degree transportation and skilled trades technical training programs under brands such as Universal Technical Institute, Motorcycle Mechanics Institute, Marine Mechanics Institute and others. It also provides dealer technician training or instructor staffing services to manufacturers.

Executives

Troy R Anderson	officer: EVP and CFO	16220 N SCOTTSDALE RD, SUITE 500, SCOTTSDALE AZ 85254
Loretta Lydia Sanchez	director	4225 E. WINDROSE DRIVE, SUITE 200, PHOENIX AZ 85032
Coliseum Capital Management, Llc	10 percent owner	105 ROWAYTON AVENUE, ROWAYTON CT 06853
Tracy Kay Lorenz	officer: UTI Division President	4225 E. WINDROSE DRIVE, SUITE 200, PHOENIX AZ 85032
Michael A. Slubowski	director	4225 E. WINDROSE DRIVE, SUITE 200, PHOENIX AZ 85032
Jami J. Frazier	officer: Division President	4225 E. WINDROSE DRIVE, SUITE 200, PHOENIX AZ 85032
Jerome Alan Grant	officer: EVP & Chief Operating Officer	16220 N. SCOTTSDALE RD., SUITE 100, SCOTTSDALE AZ 85254
Shannon Lei Okinaka	director	C/O HAWAIIAN HOLDINGS, INC., 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
Kimberly J Mcwaters	director, officer: CEO and President	20410 NORTH 19TH AVENUE, PHOENIX AZ 85027
Bart Fesperman	officer: Chief Commercial Officer	4225 EAST WINDROSE DRIVE, SUITE 200, PHOENIX AZ 85032
Sonia Claire Mason	officer: Chief Human Resources Officer	4225 EAST WINDROSE DRIVE, SUITE 200, PHOENIX AZ 85032
George W. Brochick	director	2555 TELEGRAPH RD, BLOOMFIELD HILLS MI 48302
Christopher E. Kevane	officer: SVP Chief Legal Officer	9221 E. VIA DE VENTURA, SCOTTSDALE AZ 85258
Robert Thomas Devincenzi	director	825 E MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
Lori B Smith	officer: SVP Chief Information Officer	16220 N SCOTTSDALE RD, SUITE 500, SCOTTSDALE AZ 85254