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Ultra Clean Holdings (Ultra Clean Holdings) Days Inventory : 91.91 (As of Dec. 2023)


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What is Ultra Clean Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ultra Clean Holdings's Average Total Inventories for the three months ended in Dec. 2023 was $376 Mil. Ultra Clean Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $374 Mil. Hence, Ultra Clean Holdings's Days Inventory for the three months ended in Dec. 2023 was 91.91.

The historical rank and industry rank for Ultra Clean Holdings's Days Inventory or its related term are showing as below:

UCTT' s Days Inventory Range Over the Past 10 Years
Min: 50.01   Med: 71.48   Max: 102.5
Current: 101.62

During the past 13 years, Ultra Clean Holdings's highest Days Inventory was 102.50. The lowest was 50.01. And the median was 71.48.

UCTT's Days Inventory is ranked better than
61.53% of 941 companies
in the Semiconductors industry
Industry Median: 130.77 vs UCTT: 101.62

Ultra Clean Holdings's Days Inventory increased from Dec. 2022 (84.58) to Dec. 2023 (91.91). It might indicate that Ultra Clean Holdings's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ultra Clean Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 0.99.

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. Ultra Clean Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.85.


Ultra Clean Holdings Days Inventory Historical Data

The historical data trend for Ultra Clean Holdings'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.

Ultra Clean Holdings Days Inventory Chart

Ultra Clean Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.25 58.17 61.10 78.68 102.50

Ultra Clean Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days 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 84.58 111.04 107.39 95.88 91.91

Competitive Comparison of Ultra Clean Holdings's Days Inventory

For the Semiconductor Equipment & Materials subindustry, Ultra Clean Holdings'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.


Ultra Clean Holdings's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Ultra Clean Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ultra Clean Holdings's Days Inventory falls into.



Ultra Clean Holdings Days Inventory Calculation

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

Ultra Clean Holdings's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (443.9 + 374.5) / 2 ) / 1457.2*365
=409.2 / 1457.2*365
=102.50

Ultra Clean Holdings's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (378.3 + 374.5) / 2 ) / 373.7*365 / 4
=376.4 / 373.7*365 / 4
=91.91

* 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.


Ultra Clean Holdings  (NAS:UCTT) 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.

Ultra Clean Holdings's Inventory Turnover for the three months ended in Dec. 2023 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.

Ultra Clean Holdings's Inventory to Revenue for the three months ended in Dec. 2023 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.


Ultra Clean Holdings Days Inventory Related Terms

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


Ultra Clean Holdings (Ultra Clean Holdings) Business Description

Traded in Other Exchanges
Address
26462 Corporate Avenue, Hayward, CA, USA, 94545
Ultra Clean Holdings Inc, through its subsidiaries, manufactures and supplies production tools, modules, and subsystems for the semiconductor capital equipment industry. The product includes precision robotic solutions, gas delivery systems, and a variety of industrial and automation production equipment products; subsystems include wafer cleaning subsystems, chemical delivery modules, top-plate assemblies, frame assemblies, and process modules. Its customer base includes firms in the semiconductor capital equipment industry, medical, energy, industrial, flat panel, and research equipment industries. It has two segments Products and Services. Its principal markets are North America, Asia, and Europe. Its largest end markets by revenue are the United States and the International market.
Executives
Paul Yoonku Cho officer: General Counsel and Secretary C/O ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD CA 94545
Jeffrey L. Mckibben officer: Chief Information Officer C/O ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD, CA 94545
Jamie J. Palfrey officer: SVP, Global Human Resources ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD CA 94545
Bill Bentinck officer: Pres, Semiconductor Svcs Bus. C/O ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVE, HAYWARD CA 94545
Emily M Liggett director
Sheri Brumm officer: SVP, Finance & CAO C/O ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD CA 94545
Vijayan S. Chinnasami officer: Chief Operating Officer C/O ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD CA 94545
Brian E Harding officer: Chief Accounting Officer 27700 SW PARKWAY AVE, WILSONVILLE OR 97070
Jacqueline A. Seto director C/O ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD CA 94545
James P Scholhamer director, officer: CEO 9586I-25 FRONTAGE ROAD, LONGMONT CO 80504
Christopher S Cook officer: President, Products Div ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVENUE, HAYWARD CA 94545
David T Ibnale director 150 INDEPENDENCE DR, C/O ULTRA CLEAN, MENLO PARK CA 94025
Clarence L Granger director, officer: President, CEO, COO 150 INDEPENDENCE DR, C/O ULTRA CLEAN, MENLO PARK CA 94025
William Joe Williams officer: SVP, Customer Business Mgmt ULTRA CLEAN HOLDINGS, INC., 26462 CORPORATE AVE, HAYWARD CA 94545
Barbara Vaughn Scherer director 337 ENCINAL ST, SANTA CRUZ CA 95060

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