Universal (LTS:0LJD) Change In Inventory : $-127 Mil (TTM As of Dec. 2023)

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What is Universal Change In Inventory?

Universal's change in inventory for the quarter that ended in Dec. 2023 was $100 Mil. It means Universal's inventory declined by $100 Mil from Sep. 2023 to Dec. 2023 .

Universal's change in inventory for the fiscal year that ended in Mar. 2023 was $-42 Mil. It means Universal's inventory increased by $42 Mil from Mar. 2022 to Mar. 2023 .

Universal's Total Inventories for the quarter that ended in Dec. 2023 was $1,205 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 Dec. 2023 was 174.52.

Inventory Turnover measures how fast the company turns over its inventory within a year. Universal's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.52.

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 Dec. 2023 was 1.52.

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

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

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33.80

-94.54

54.55

-245.92

-41.87

Universal 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															136.71	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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-127 Mil.

Universal (LTS:0LJD) 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
	=	1251.892	/	654.556	*	365 / 4
	=	174.52

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 Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	654.556	/	1251.892
	=	0.52

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 Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1251.892	/	821.507
	=	1.52

Universal Change In Inventory Related Terms

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Universal (LTS:0LJD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Universal Corp (LTS:0LJD) » Definitions » Change In Inventory

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UVV:USA 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.

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