UTStarcom Holdings (FRA:UT5) Days Inventory : 26.90 (As of Dec. 2023)

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What is UTStarcom Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). UTStarcom Holdings's Average Total Inventories for the six months ended in Dec. 2023 was €0.90 Mil. UTStarcom Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was €6.12 Mil. Hence, UTStarcom Holdings's Days Inventory for the six months ended in Dec. 2023 was 26.90.

The historical rank and industry rank for UTStarcom Holdings's Days Inventory or its related term are showing as below:

FRA:UT5' s Days Inventory Range Over the Past 10 Years
Min: 33.15 Med: 91.66 Max: 143.17
Current: 34.56

During the past 13 years, UTStarcom Holdings's highest Days Inventory was 143.17. The lowest was 33.15. And the median was 91.66.

FRA:UT5's Days Inventory is ranked better than
90.83% of 2410 companies
in the Hardware industry
Industry Median: 101.695 vs FRA:UT5: 34.56

UTStarcom Holdings's Days Inventory declined from Dec. 2022 (47.05) to Dec. 2023 (26.90).

Inventory Turnover measures how fast the company turns over its inventory within a year. UTStarcom Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 6.78.

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. UTStarcom Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.11.

UTStarcom Holdings Days Inventory Historical Data

The historical data trend for UTStarcom Holdings'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.

* Premium members only.

UTStarcom Holdings Days Inventory Chart

UTStarcom Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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140.46

117.85

83.27

43.44

33.75

UTStarcom Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															63.90	42.29	47.05	47.87	26.90

Competitive Comparison of UTStarcom Holdings's Days Inventory

For the Communication Equipment subindustry, UTStarcom Holdings'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.

UTStarcom Holdings's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, UTStarcom Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where UTStarcom Holdings's Days Inventory falls into.

UTStarcom Holdings Days Inventory Calculation

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

UTStarcom Holdings's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (1.198	+	0.729)	/	2 )	/	10.42	*	365
=	0.9635					/	10.42	*	365
=	33.75

UTStarcom Holdings's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1.074	+	0.729)	/	2 )	/	6.116	*	365 / 2
=	0.9015					/	6.116	*	365 / 2
=	26.90

UTStarcom Holdings (FRA:UT5) 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.

UTStarcom Holdings's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6.116	/	0.9015
	=	6.78

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.

UTStarcom Holdings's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.9015	/	8.472
	=	0.11

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.

UTStarcom Holdings Days Inventory Related Terms

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

UTStarcom Holdings (FRA:UT5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » UTStarcom Holdings Corp (FRA:UT5) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

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Address

368 Liuhe Road, 4th Floor, South Wing, Binjiang District, Hangzhou, CHN, 310052

Website

https://www.utstar.com

UTStarcom Holdings Corp operates as a telecom infrastructure provider. It develops technology for bandwidth from cloud-based services, mobile, streaming, and other applications. The range of solutions is designed to expand and modernize telecommunications networks through smooth network system integration, lower operating costs, and increased broadband access. The business activity of the firm is operated through the Equipment and Service segment. The Equipment segment is focused on equipment sales, including network infrastructure and application products, and the Service segment is engaged in providing services and support of equipment products and also the new operational support. The company operates in China, India, Japan, Taiwan, and other countries.

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