United Cable Industries (AMM:UCIC) Days Inventory : 91.63 (As of Dec. 2024)

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What is United Cable Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). United Cable Industries's Average Total Inventories for the three months ended in Dec. 2024 was JOD19.54 Mil. United Cable Industries's Cost of Goods Sold for the three months ended in Dec. 2024 was JOD19.46 Mil. Hence, United Cable Industries's Days Inventory for the three months ended in Dec. 2024 was 91.63.

The historical rank and industry rank for United Cable Industries's Days Inventory or its related term are showing as below:

AMM:UCIC' s Days Inventory Range Over the Past 10 Years
Min: 101.43 Med: 138.86 Max: 240.69
Current: 103.88

During the past 13 years, United Cable Industries's highest Days Inventory was 240.69. The lowest was 101.43. And the median was 138.86.

AMM:UCIC's Days Inventory is ranked better than
59.06% of 2921 companies
in the Industrial Products industry
Industry Median: 121.49 vs AMM:UCIC: 103.88

United Cable Industries's Days Inventory declined from Dec. 2023 (105.61) to Dec. 2024 (91.63).

Inventory Turnover measures how fast the company turns over its inventory within a year. United Cable Industries's Inventory Turnover for the three months ended in Dec. 2024 was 1.00.

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. United Cable Industries's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.94.

United Cable Industries Days Inventory Historical Data

The historical data trend for United Cable Industries'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.

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United Cable Industries Days Inventory Chart

United Cable Industries Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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129.08

135.65

124.76

119.34

101.43

United Cable Industries Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															105.61	108.27	110.45	111.69	91.63

Competitive Comparison of United Cable Industries's Days Inventory

For the Electrical Equipment & Parts subindustry, United Cable Industries'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.

United Cable Industries's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, United Cable Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where United Cable Industries's Days Inventory falls into.

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United Cable Industries Days Inventory Calculation

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

United Cable Industries's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (16.348	+	18.806)	/	2 )	/	63.25	*	365
=	17.577					/	63.25	*	365
=	101.43

United Cable Industries's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (20.266	+	18.806)	/	2 )	/	19.455	*	365 / 4
=	19.536					/	19.455	*	365 / 4
=	91.63

United Cable Industries (AMM:UCIC) 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.

United Cable Industries's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	19.455	/	19.536
	=	1.00

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.

United Cable Industries's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	19.536	/	20.772
	=	0.94

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.

United Cable Industries Days Inventory Related Terms

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

United Cable Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » United Cable Industries (AMM:UCIC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shmeisani - Issam Al Ajlouni Street, P.O. Box 4970, Notre Dame Complex, 3rd Floor, Behind Union Bank, Amman, JOR, 11953

Website

http://www.uciccables.com

United Cable Industries is a Jordan-based company. It manufactures and trades electrical wires, cables, and related products. Its products include domestic wires, low-voltage power cables, overhead conductors, control cables, and special cables. The company carries out sales in Jordan as well as in other countries, out of which it generates a vast majority of its revenue from local sales.

United Cable Industries Headlines

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