ULSP (Ultimate Sports Entertainment) Change In Inventory: $0.02 Mil (TTM As of Oct. 2002)

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What is Ultimate Sports Entertainment Change In Inventory?

Ultimate Sports Entertainment ULSP Change In Inventory is $0.02 Mil as of Oct. 2002.

Ultimate Sports Entertainment's change in inventory for the quarter that ended in Oct. 2002 was $0.10 Mil. It means Ultimate Sports Entertainment's inventory declined by $0.10 Mil from Jul. 2002 to Oct. 2002 .

Ultimate Sports Entertainment's change in inventory for the fiscal year that ended in Jan. 2002 was $-0.01 Mil. It means Ultimate Sports Entertainment's inventory increased by $0.01 Mil from Jan. 2001 to Jan. 2002 .

Ultimate Sports Entertainment's Total Inventories for the quarter that ended in Oct. 2002 was $0.01 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ultimate Sports Entertainment's Days Inventory for the quarter that ended in Oct. 2002 was 31.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ultimate Sports Entertainment's Inventory Turnover for the quarter that ended in Oct. 2002 was 2.87.

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. Ultimate Sports Entertainment's Inventory-to-Revenue for the quarter that ended in Oct. 2002 was 0.16.

Ultimate Sports Entertainment  (OTCPK:ULSP) Change In Inventory Explanation

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

Ultimate Sports Entertainment's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.062/0.178*365 / 4
=31.78

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

Ultimate Sports Entertainment's Inventory Turnover for the quarter that ended in Oct. 2002 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.178 / 0.062
=2.87

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.

Ultimate Sports Entertainment's Inventory to Revenue for the quarter that ended in Oct. 2002 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.062 / 0.391
=0.16

* 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.

Ultimate Sports Entertainment Change In Inventory Related Terms

Ultimate Sports Entertainment Change In Inventory Historical Data

* Premium members only.

The historical data trend for Ultimate Sports Entertainment'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.

Ultimate Sports Entertainment Change In Inventory Chart

Ultimate Sports Entertainment Annual Data
Trend Jan00 Jan01 Jan02
Change In Inventory
-0.03 -0.04 -0.01

Ultimate Sports Entertainment Quarterly Data
Jan00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 0.02 -0.01 -0.10 0.10

Ultimate Sports Entertainment 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 Oct. 2002 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.02 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $0.02 Mil mean?
Ultimate Sports Entertainment (ULSP) has a Change In Inventory of $0.02 Mil as of Oct. 2002. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Ultimate Sports Entertainment and its competitors.
Is Ultimate Sports Entertainment's Change In Inventory too high?
Ultimate Sports Entertainment's current Change In Inventory is $0.02 Mil.
How does Ultimate Sports Entertainment's Change In Inventory compare to GPIW and FRLF?
Ultimate Sports Entertainment's Change In Inventory of $0.02 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Change In Inventory depends on the Media - Diversified 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 Ultimate Sports Entertainment and its competitors. Ultimate Sports Entertainment's current Change In Inventory is $0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultimate Sports Entertainment stock overvalued right now?
Ultimate Sports Entertainment (ULSP) has a current Change In Inventory of $0.02 Mil. The current Change In Inventory is $0.02 Mil. 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 Ultimate Sports Entertainment (ULSP), the current Change In Inventory is $0.02 Mil as of Oct. 2002. 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.

Ultimate Sports Entertainment Business Description