The Ultimate Software Group (The Ultimate Software Group) Change In Inventory : $0 Mil (TTM As of Mar. 2019)

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What is The Ultimate Software Group Change In Inventory?

The Ultimate Software Group's change in inventory for the quarter that ended in Mar. 2019 was $0 Mil. It means The Ultimate Software Group's inventory stayed the same from Dec. 2018 to Mar. 2019 .

The Ultimate Software Group's change in inventory for the fiscal year that ended in Dec. 2018 was $0 Mil. It means The Ultimate Software Group's inventory stayed the same from Dec. 2017 to Dec. 2018 .

The Ultimate Software Group's Total Inventories for the quarter that ended in Mar. 2019 was $0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. The Ultimate Software Group's Days Inventory for the quarter that ended in Mar. 2019 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. The Ultimate Software Group's Inventory-to-Revenue for the quarter that ended in Mar. 2019 was 0.00.

The Ultimate Software Group Change In Inventory Historical Data

The historical data trend for The Ultimate Software Group'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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The Ultimate Software Group Change In Inventory Chart

The Ultimate Software Group Annual Data

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Change In Inventory

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The Ultimate Software Group Quarterly Data
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Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

The Ultimate Software Group 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

The Ultimate Software Group (NAS:ULTI) Change In Inventory Explanation

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

The Ultimate Software Group'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	/	129.445	*	365 / 4
	=	0.00

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

The Ultimate Software Group's Inventory Turnover for the quarter that ended in Mar. 2019 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	129.445	/	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.

The Ultimate Software Group's Inventory to Revenue for the quarter that ended in Mar. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	335.005
	=	0.00

The Ultimate Software Group Change In Inventory Related Terms

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The Ultimate Software Group (The Ultimate Software Group) Business Description

Industry

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Address

2000 Ultimate Way, Weston, FL, USA, 33326

Website

http://www.ultimatesoftware.com

The Ultimate Software Group is a provider of human capital management software solutions. The firm's UltiPro product suite includes human resources, payroll, and benefits management functionality, available in 12 languages and 35 country-specific localizations. Its solutions manage the complete employee lifecycle from recruitment to retirement, and include talent acquisition and onboarding, performance management, salary planning, budgeting, succession management, reporting, and analytical capabilities. The firm generates revenue through cloud subscription fees and implementation consulting services fees. All of the firm's revenue is generated in the United States and Canada.

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