What is United Parcel Service Change In Inventory?
United Parcel Service's change in inventory for the quarter that ended in Mar. 2024 was $0 Mil. It means United Parcel Service's inventory
stayed the same
from Dec. 2023 to Mar. 2024 .
United Parcel Service's change in inventory for the fiscal year that ended in Dec. 2023 was $0 Mil. It means United Parcel Service's inventory
stayed the same
from Dec. 2022 to Dec. 2023 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
United Parcel Service's Days Inventory for the quarter that ended in Mar. 2024 was 2.26.
Inventory Turnover measures how fast the company turns over its inventory within a year.
United Parcel Service's Inventory Turnover for the quarter that ended in Mar. 2024 was 40.37.
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.
United Parcel Service's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.02.
United Parcel Service Change In Inventory Historical Data
The historical data trend for United Parcel Service'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.
United Parcel Service 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.
* 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.
United Parcel Service (NYSE:UPS) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
United Parcel Service's Days Inventory for the quarter that ended in is calculated as:
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.
United Parcel Service's Inventory to Revenue for the quarter that 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.
United Parcel Service Change In Inventory Related Terms
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United Parcel Service (United Parcel Service) Business Description
As the world's largest parcel delivery company, UPS manages a massive fleet of more than 500 planes and 100,000 vehicles, along with many hundreds of sorting facilities, to deliver an average of about 25 million packages per day to residences and businesses across the globe. UPS' domestic U.S. package operations generate around 64% of total revenue while international package makes up 20%. Air and ocean freight forwarding, truckload brokerage, and contract logistics make up the remainder.
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