Upbound Group's total inventories for the quarter that ended in Dec. 2023 was $6 Mil. Upbound Group's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $6 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Upbound Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-36.44.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Upbound Group's Days Inventory for the
three
months ended in Dec. 2023 was 1.08.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Upbound Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 84.71.
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.
Upbound Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.
Upbound Group Total Inventories Historical Data
The historical data trend for Upbound Group's Total Inventories 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.
Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.
Upbound Group (NAS:UPBD) Total Inventories Explanation
Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.
1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.
Upbound Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is
4. 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.
Upbound Group's Inventory to Revenue for the quarter that 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
Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.
When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.
Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.
Upbound Group Total Inventories Related Terms
Thank you for viewing the detailed overview of Upbound Group's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
Upbound Group (Upbound Group) Business Description
Upbound Group Inc is an omnichannel platform company committed to elevating financial opportunity for all through inclusive, and technology-driven financial solutions that address the evolving needs and aspirations of consumers. It has four operating segments; The Rent-A-Center Business segment operates lease-to-own stores, the Acima segment, offers the lease-to-own transaction to consumers who do not qualify for financing from the traditional retailer, and also offers the lease-to-own transaction through virtual offering solutions across e-commerce, digital, and mobile channels, Mexico segment offers lease-to-own stores in Mexico. The franchising segment offers the sale of rental merchandise to its franchisees. The company derives a majority of its revenue from the Acima segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
UPBD has been successfully added to your 