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Ulta Beauty's change in inventory for the quarter that ended in Apr. 2026 was €-176 Mil. It means Ulta Beauty's inventory
increased by €176 Mil
from Jan. 2026 to Apr. 2026 .
Ulta Beauty's change in inventory for the fiscal year that ended in Jan. 2026 was €-116 Mil. It means Ulta Beauty's inventory
increased by €116 Mil
from Jan. 2025 to Jan. 2026 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Ulta Beauty's Days Inventory for the quarter that ended in Apr. 2026 was 109.65.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Ulta Beauty's Inventory Turnover for the quarter that ended in Apr. 2026 was 0.83.
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.
Ulta Beauty's Inventory-to-Revenue for the quarter that ended in Apr. 2026 was 0.72.
Ulta Beauty (FRA:34U) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Ulta Beauty's Days Inventory for the quarter that ended in 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.
Ulta Beauty's Inventory to Revenue for the quarter that ended in Apr. 2026 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.
Ulta Beauty Change In Inventory Related Terms
Ulta Beauty Change In Inventory Historical Data
* Premium members only.
The historical data trend for Ulta Beauty'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.
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 Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-165 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.
What does a Change In Inventory of €-165 Mil mean?
Ulta Beauty (FRA:34U) has a Change In Inventory of €-165 Mil as of Apr. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Ulta Beauty and its competitors.
Is Ulta Beauty's Change In Inventory too high?
Ulta Beauty's current Change In Inventory is €-165 Mil. Overall, Ulta Beauty has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ulta Beauty's Change In Inventory compare to DKS and BBY?
Ulta Beauty's Change In Inventory of €-165 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Retail - Cyclical company?
A good Change In Inventory depends on the Retail - Cyclical industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Ulta Beauty and its competitors. Ulta Beauty's current Change In Inventory is €-165 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ulta Beauty stock overvalued right now?
Based on GuruFocus' analysis, Ulta Beauty (FRA:34U) is currently considered Modestly Undervalued. The stock's GF Value™ is €482.69, compared to a current price of €413.20 — trading 14.4% below its estimated fair value. The current Change In Inventory is €-165 Mil. Ulta Beauty's overall GF Score™ is 92/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Ulta Beauty (FRA:34U), the current Change In Inventory is €-165 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ulta Beauty (FRA:34U) Overvalued in 2026?
Based on GuruFocus' analysis, Ulta Beauty stock appears to be undervalued.
The current stock price of €413.20 is trading 14.4% below its estimated GF Value™ of €482.69.
GuruFocus considers Ulta Beauty to be Modestly Undervalued.
Key valuation signals for FRA:34U:
Change In Inventory: €-165 Mil
GF Value™: €482.69 vs. price of €413.20 (14.4% below fair value)
No single metric tells the full story. See the FRA:34U stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ulta Beauty is the largest specialized beauty retailer in the US with more than 1,500 freestanding stores. The firm offers cosmetics (38% of 2025 sales), fragrances (13%), skin care (24%), and hair care products (19%). It also has salon services, including hair, makeup, skin, and brow, that account for 4% of its revenue and drive customer traffic. Outside of the US, Ulta operates premium beauty retailer Space NK (86 stores at year-end 2025 in the UK and Ireland) and has franchised stores in Mexico, and a joint venture in the Middle East. Ulta was founded in 1990 and is based in Bolingbrook, Illinois.
92GF Score
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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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