UNIR (Uniroyal Global Engineered Products) Change In Inventory: $-5.73 Mil (TTM As of Mar. 2022)

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UNIR Uniroyal Global Engineered Products Inc UNIR
12 GF Score
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What is Uniroyal Global Engineered Products Change In Inventory?

Uniroyal Global Engineered Products UNIR 12 Change In Inventory is $-5.73 Mil as of Mar. 2022. GuruFocus rates UNIR with a GF Score™ of 12/100.

Uniroyal Global Engineered Products's change in inventory for the quarter that ended in Mar. 2022 was $-2.53 Mil. It means Uniroyal Global Engineered Products's inventory increased by $2.53 Mil from Dec. 2021 to Mar. 2022 .

Uniroyal Global Engineered Products's change in inventory for the fiscal year that ended in Dec. 2021 was $-3.99 Mil. It means Uniroyal Global Engineered Products's inventory increased by $3.99 Mil from Dec. 2020 to Dec. 2021 .

Uniroyal Global Engineered Products's Total Inventories for the quarter that ended in Mar. 2022 was $24.14 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Uniroyal Global Engineered Products's Days Inventory for the quarter that ended in Mar. 2022 was 120.53.

Inventory Turnover measures how fast the company turns over its inventory within a year. Uniroyal Global Engineered Products's Inventory Turnover for the quarter that ended in Mar. 2022 was 0.76.

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. Uniroyal Global Engineered Products's Inventory-to-Revenue for the quarter that ended in Mar. 2022 was 1.15.

Uniroyal Global Engineered Products  (OTCPK:UNIR) Change In Inventory Explanation

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

Uniroyal Global Engineered Products's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=22.9915/17.406*365 / 4
=120.53

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

Uniroyal Global Engineered Products's Inventory Turnover for the quarter that ended in Mar. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=17.406 / 22.9915
=0.76

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.

Uniroyal Global Engineered Products's Inventory to Revenue for the quarter that ended in Mar. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=22.9915 / 20.071
=1.15

* 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.

Uniroyal Global Engineered Products Change In Inventory Related Terms

Uniroyal Global Engineered Products Change In Inventory Historical Data

* Premium members only.

The historical data trend for Uniroyal Global Engineered Products'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.

Uniroyal Global Engineered Products Change In Inventory Chart

Uniroyal Global Engineered Products Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.01 -0.22 0.59 1.42 -3.99

Uniroyal Global Engineered Products Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Change In 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 -0.79 -0.01 -1.59 -1.60 -2.53
UNIR
12GF Score
Uniroyal Global Engineered Products Inc UNIR
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Uniroyal Global Engineered Products 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 Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.73 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 $-5.73 Mil mean?
Uniroyal Global Engineered Products (UNIR) has a Change In Inventory of $-5.73 Mil as of Mar. 2022. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Uniroyal Global Engineered Products and its competitors.
Is Uniroyal Global Engineered Products' Change In Inventory too high?
Uniroyal Global Engineered Products' current Change In Inventory is $-5.73 Mil. Overall, Uniroyal Global Engineered Products has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Uniroyal Global Engineered Products' Change In Inventory compare to AIN?
Uniroyal Global Engineered Products' Change In Inventory of $-5.73 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Change In Inventory depends on the Manufacturing - Apparel & Accessories 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 Uniroyal Global Engineered Products and its competitors. Uniroyal Global Engineered Products's current Change In Inventory is $-5.73 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Uniroyal Global Engineered Products stock overvalued right now?
Uniroyal Global Engineered Products (UNIR) has a current Change In Inventory of $-5.73 Mil. The current Change In Inventory is $-5.73 Mil. Uniroyal Global Engineered Products' overall GF Score™ is 12/100. 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 Uniroyal Global Engineered Products (UNIR), the current Change In Inventory is $-5.73 Mil as of Mar. 2022. 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.

Uniroyal Global Engineered Products Business Description

Address 1819 Main Street, Suite 1110, Sarasota, FL, USA, 34236
Uniroyal Global Engineered Products Inc manufactures vinyl coated fabric products from casting paper, knit fabric, PVC plastic resins, pigments and plasticizers. Its brand name includes Naugahyde, BeautyGard, Flameblocker, Spirit Millennium, Ambla, Amblon, Velbex, Plastolene, and Vynide. The company's products are used in automotive and non-automotive transportation, certain indoor/outdoor furniture, commercial and hospitality seating, healthcare facilities and athletic equipment for seating, door panels, head and arm rests, security shades and trim components, and sheeting used in medical, nuclear protection, personal protection, moisture barriers, pram and nursery, movie screen and decorative surface applications.
12GF Score

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