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Universal Display (Universal Display) Change In Inventory : $1.3 Mil (TTM As of Mar. 2024)


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What is Universal Display Change In Inventory?

Universal Display's change in inventory for the quarter that ended in Mar. 2024 was $2.9 Mil. It means Universal Display's inventory declined by $2.9 Mil from Dec. 2023 to Mar. 2024 .

Universal Display's change in inventory for the fiscal year that ended in Dec. 2023 was $7.4 Mil. It means Universal Display's inventory declined by $7.4 Mil from Dec. 2022 to Dec. 2023 .

Universal Display's Total Inventories for the quarter that ended in Mar. 2024 was $172.9 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Universal Display's Days Inventory for the quarter that ended in Mar. 2024 was 430.35.

Inventory Turnover measures how fast the company turns over its inventory within a year. Universal Display's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.21.

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 Display's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.06.


Universal Display Change In Inventory Historical Data

The historical data trend for Universal Display'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.

* Premium members only.

Universal Display Change In Inventory Chart

Universal Display Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 -28.75 -42.57 -49.06 7.43

Universal Display Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.98 -1.61 -5.55 5.61 2.89

Universal Display 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 $1.3 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.


Universal Display  (NAS:OLED) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=174.35/36.969*365 / 4
=430.35

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

Universal Display's Inventory Turnover for the quarter that ended in Mar. 2024 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.

Universal Display'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.


Universal Display Change In Inventory Related Terms

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Universal Display (Universal Display) Business Description

Traded in Other Exchanges
Address
250 Phillips Boulevard, Ewing, NJ, USA, 08618
Universal Display Corp researches, develops and manufactures organic light-emitting diode, or OLED, technologies for use in displays for mobile phones, tablets, televisions, wearables, personal computers, automotive interiors, and the solid-state lighting market. OLED technologies are an alternative to a light-emitting diode, or LED, technologies, in the solid-state lighting market, and liquid crystal displays in the flat-panel-display market. A large majority of the firm's revenue is generated in South Korea, with the rest coming from Japan, China, the United States, and other countries across the world.
Executives
Mauro Premutico officer: VP, Legal & GM, Licensing C/O UNIVERSAL DISPLAY CORPORATION, 375 PHILLIPS BLVD., EWING NJ 08618
Richard C Elias director PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Julia J Brown officer: Chief Technical Officer
Lawrence Lacerte director C/O TERAGLOBAL COMMUNICATIONS CORP, 9171 TOWNE CENTRE DRIVE SUITE 600, SAN DIEGO CA 92122
Cynthia Jane Comparin director 1000 PARK DRIVE, LAWRENCE PA 15055
Brian Millard officer: VP/CFO C/O UNIVERSAL DISPLAY CORPORATION, 250 PHILLIPS BOULEVARD, EWING NJ 08618
Sidney D Rosenblatt director, officer: EVP & CFO
Elizabeth H Gemmill director
C Keith Hartley director 14 WYNNWOOD RD, GREENWICH CT 06830-3409
Janice K Mahon officer: VP of Tech Commercialization 375 PHILLIPS BLVD., 375 PHILLIPS BLVD., EWING NJ 08618
Celia M Joseph director C/O UNIVERSAL DISPLAY CORPORATION, 375 PHILLIPS BOULEVARD, EWING NJ 08618
Steven V Abramson director, officer: President and COO
Rosemarie B Greco director C/O PA. REAL ESTATE INV TR, 200 S BROAD ST, THE BELLVUE, PHILADELPHIA PA 19102
Sherwin I Seligsohn director, officer: Chairman of Board and Founder C/O UNIVERSAL DISPLAY CORPORATION, 375 PHILLIPS BLVD, EWING NJ 08618
Leonard Becker director BALA POINTE OFFICE CENTRE, 111 PRESIDENTIAL BLVD STE 103, BALA CYNWYD PA 19004