UWM Holdings (UWM Holdings) Change In Inventory : $0 Mil (TTM As of Mar. 2021)

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What is UWM Holdings Change In Inventory?

UWM Holdings's change in inventory for the quarter that ended in Mar. 2021 was $0 Mil. It means UWM Holdings's inventory stayed the same from Dec. 2020 to Mar. 2021 .

UWM Holdings's change in inventory for the fiscal year that ended in Dec. 2020 was $0 Mil. It means UWM Holdings's inventory stayed the same from Dec. 2019 to Dec. 2020 .

UWM Holdings's Total Inventories for the quarter that ended in Mar. 2021 was $0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. UWM Holdings's Days Inventory for the quarter that ended in Mar. 2021 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. UWM Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2021 was 0.00.

UWM Holdings Change In Inventory Historical Data

The historical data trend for UWM Holdings'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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UWM Holdings Change In Inventory Chart

UWM Holdings Annual Data

Trend

Dec19

Dec20

Change In Inventory

UWM Holdings Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Change In Inventory	Get a 7-Day Free Trial			-	-	-	-	-

UWM Holdings 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

UWM Holdings (NYSE:UWMC) Change In Inventory Explanation

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

UWM Holdings'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	/	246.731	*	365 / 4
	=	0.00

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

UWM Holdings's Inventory Turnover for the quarter that ended in Mar. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	246.731	/	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.

UWM Holdings's Inventory to Revenue for the quarter that ended in Mar. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	1189.87
	=	0.00

UWM Holdings Change In Inventory Related Terms

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UWM Holdings (UWM Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » UWM Holdings Corp (NYSE:UWMC) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

585 South Boulevard E, Pontiac, MI, USA, 48341

Website

https://www.uwm.com

UWM Holdings Corp operates as a residential mortgage lender and the wholesale mortgage lender. The company provides independent mortgage advisors across the states and the district of Columbia. The firm also offers training, technology, marketing support, and more to help the entrepreneurial partners.