Ultimate Products (LSE:ULTP) Days Inventory : 84.77 (As of Jan. 2024)

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What is Ultimate Products Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ultimate Products's Average Total Inventories for the six months ended in Jan. 2024 was £28.7 Mil. Ultimate Products's Cost of Goods Sold for the six months ended in Jan. 2024 was £61.8 Mil. Hence, Ultimate Products's Days Inventory for the six months ended in Jan. 2024 was 84.77.

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

LSE:ULTP' s Days Inventory Range Over the Past 10 Years
Min: 46.19 Med: 71.99 Max: 86.32
Current: 86.32

During the past 10 years, Ultimate Products's highest Days Inventory was 86.32. The lowest was 46.19. And the median was 71.99.

LSE:ULTP's Days Inventory is ranked better than
59.16% of 404 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.365 vs LSE:ULTP: 86.32

Ultimate Products's Days Inventory increased from Jan. 2023 (78.08) to Jan. 2024 (84.77). It might indicate that Ultimate Products's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ultimate Products's Inventory Turnover for the six months ended in Jan. 2024 was 2.15.

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 Products's Inventory-to-Revenue for the six months ended in Jan. 2024 was 0.34.

Ultimate Products Days Inventory Historical Data

The historical data trend for Ultimate Products'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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Ultimate Products Days Inventory Chart

Ultimate Products Annual Data

Trend

Apr14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Days Inventory

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70.07

74.61

64.82

80.09

84.53

Ultimate Products Semi-Annual Data
	Jul16	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Days Inventory	Get a 7-Day Free Trial										68.63	100.67	78.08	87.72	84.77

Competitive Comparison of Ultimate Products's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Ultimate Products'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.

Ultimate Products's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ultimate Products's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ultimate Products's Days Inventory falls into.

Ultimate Products Days Inventory Calculation

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

Ultimate Products's Days Inventory for the fiscal year that ended in Jul. 2023 is calculated as

	Days Inventory (A: Jul. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jul. 2022 )	+	Total Inventories (A: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2023 )	*	Days in Period
=	( (29.162	+	28.071)	/	2 )	/	123.568	*	365
=	28.6165					/	123.568	*	365
=	84.53

Ultimate Products's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

	Days Inventory (Q: Jan. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jul. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (28.071	+	29.354)	/	2 )	/	61.816	*	365 / 2
=	28.7125					/	61.816	*	365 / 2
=	84.77

Ultimate Products (LSE:ULTP) 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.

Ultimate Products's Inventory Turnover for the six months ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	61.816	/	28.7125
	=	2.15

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.

Ultimate Products's Inventory to Revenue for the six months ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	28.7125	/	84.179
	=	0.34

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.

Ultimate Products Days Inventory Related Terms

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

Ultimate Products (LSE:ULTP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Ultimate Products PLC (LSE:ULTP) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

ULTPl:UK 3DJ:Germany

Address

Victoria Street, Manor Mill, Chadderton, Oldham, Manchester, GBR, OL9 0DD

Website

https://www.upplc.com

Ultimate Products PLC design, develop and distribute homeware products across its key brands, including household names Salter and Beldray. It has Products divisons such as Cookshop, Audio, Laundry, Electrical SDA, Tabletop, Luggage, Heating and Cooling. The company operates in United Kingdom, Europe and the rest of the world.

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