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UFP Industries Days Inventory

: 44.47 (As of Jun. 2022)
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Days Inventory is also known as Days Sales of Inventory (DSI). UFP Industries's Average Total Inventories for the three months ended in Jun. 2022 was $1,168 Mil. UFP Industries's Cost of Goods Sold for the three months ended in Jun. 2022 was $2,397 Mil. Hence, UFP Industries's Days Inventory for the three months ended in Jun. 2022 was 44.47.

The historical rank and industry rank for UFP Industries's Days Inventory or its related term are showing as below:

UFPI' s Days Inventory Range Over the Past 10 Years
Min: 38.64   Med: 46.19   Max: 51.03
Current: 48.8

During the past 13 years, UFP Industries's highest Days Inventory was 51.03. The lowest was 38.64. And the median was 46.19.

UFPI's Days Inventory is ranked better than
78.39% of 273 companies
in the Forest Products industry
Industry Median: 77.87 vs UFPI: 48.80

UFP Industries's Days Inventory increased from Jun. 2021 (37.03) to Jun. 2022 (44.47). It might indicate that UFP Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. UFP Industries's Inventory Turnover for the three months ended in Jun. 2022 was 2.05.

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. UFP Industries's Inventory-to-Revenue for the three months ended in Jun. 2022 was 0.40.


UFP Industries Days Inventory Historical Data

The historical data trend for UFP Industries's Days 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.

UFP Industries Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 46.05 47.61 51.03 44.19 38.64

UFP Industries Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 37.03 49.78 51.69 49.77 44.47

Competitive Comparison

For the Lumber & Wood Production subindustry, UFP Industries's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

UFP Industries Days Inventory Distribution

For the Forest Products industry and Basic Materials sector, UFP Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where UFP Industries's Days Inventory falls into.



UFP Industries Days Inventory Calculation

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

UFP Industries's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (567.294 + 963.32) / 2 ) / 7229.167*365
=765.307 / 7229.167*365
=38.64

UFP Industries's Days Inventory for the quarter that ended in Jun. 2022 is calculated as:

Days Inventory (Q: Jun. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2022 ) + Total Inventories (Q: Jun. 2022 )) / count ) / Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=( (1230.351 + 1106.302) / 2 ) / 2397.422*365 / 4
=1168.3265 / 2397.422*365 / 4
=44.47

* 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.


UFP Industries  (NAS:UFPI) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

UFP Industries's Inventory Turnover for the three months ended in Jun. 2022 is calculated as

2. 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.

UFP Industries's Inventory to Revenue for the three months ended in Jun. 2022 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


UFP Industries Days Inventory Related Terms

Thank you for viewing the detailed overview of UFP Industries's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


UFP Industries Business Description

UFP Industries logo
Traded in Other Exchanges
Address
2801 East Beltline Avenue NE, Grand Rapids, MI, USA, 49525
UFP Industries Inc produces and sells lumber and treated wood products in three main customer categories: retail, industrial, and construction. The retail category, which generates the most revenue, sells lumber products to retailers, including big-box home improvement retailers. The industrial category sells wood pallets, boxes, packaging crates, and other containers used for industrial shipping. The construction category sells manufactured housing and building materials to the construction industry. The vast majority revenue is generated in the United States.
Executives
Mclean Benjamin J. director 2801 E BELTLINE AVE NE GRAND RAPIDS MI 49525
Worthington Scott A officer: President, UFP Industrial, LLC 2801 EAST BELTLINE NE GRAND RAPIDS MI 49525
Budden Joan A director 4200 E BELTLINE GRAND RAPIDS MI 49525
Uhlig-eastin Chad C. officer: Exec Vice Pres Purchasing 2801 EAST BELTLINE NE GRAND RAPIDS MI 49525
Schultz Terrence L. officer: President of idX Corporation 2801 EAST BELTLINE NE GRAND RAPIDS MI 49525
Wooldridge Michael G. director 2801 EAST BELTLINE NE GRAND RAPIDS MI 49525
Walker Brian C director
West Jonathan E. officer: XVP UFP Eastern Div - South 2801 EAST BELTLINE NE GRAND RAPIDS MI 49525
Benton Patrick M. officer: XVP UFP Eastern Div - North 2801 EAST BELTLINE NE GRAND RAPIDS MI 49525
Tuuk Mary E director 38 FOUNTAIN SQUARE PLAZA MD 10 AT 76 CINCINNATI OH 45263
Tutas David A. officer: Vice President Legal & Secty 2801 EAST BELTLINE NE GRAND RAPIDS MI 49525
Rhodes Thomas Wayne director 2801 EAST BELTLINE NE GRAND RAPIDS MI 49525
James Donald L officer: XVP National Sales 2801 EAST BELTLINE, N.E. GRAND RAPIDS MI 49525
Engler John M director 2801 EAST BELTLINE, N.E. GRAND RAPIDS MI 49525
Mordell Michael F officer: Exec VP Purchasing 2801 EAST BELTLINE NE GRAND RAPIDS MI 49525

UFP Industries Headlines

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