Ucloudlink Group (Ucloudlink Group) Days Inventory : 19.96 (As of Dec. 2023)

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What is Ucloudlink Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ucloudlink Group's Average Total Inventories for the three months ended in Dec. 2023 was $2.28 Mil. Ucloudlink Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $10.44 Mil. Hence, Ucloudlink Group's Days Inventory for the three months ended in Dec. 2023 was 19.96.

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

UCL' s Days Inventory Range Over the Past 10 Years
Min: 20.55 Med: 42.05 Max: 48.75
Current: 20.55

During the past 7 years, Ucloudlink Group's highest Days Inventory was 48.75. The lowest was 20.55. And the median was 42.05.

UCL's Days Inventory is ranked worse than
52.72% of 294 companies
in the Telecommunication Services industry
Industry Median: 19.46 vs UCL: 20.55

Ucloudlink Group's Days Inventory declined from Dec. 2022 (37.04) to Dec. 2023 (19.96).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ucloudlink Group's Inventory Turnover for the three months ended in Dec. 2023 was 4.57.

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. Ucloudlink Group's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.11.

Ucloudlink Group Days Inventory Historical Data

The historical data trend for Ucloudlink Group'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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Ucloudlink Group Days Inventory Chart

Ucloudlink Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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44.01

48.75

42.05

45.74

24.30

Ucloudlink Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															37.04	28.69	15.40	16.37	19.96

Competitive Comparison of Ucloudlink Group's Days Inventory

For the Telecom Services subindustry, Ucloudlink Group'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.

Ucloudlink Group's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Ucloudlink Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ucloudlink Group's Days Inventory falls into.

Ucloudlink Group Days Inventory Calculation

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

Ucloudlink Group'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
=	( (3.624	+	2.183)	/	2 )	/	43.611	*	365
=	2.9035					/	43.611	*	365
=	24.30

Ucloudlink Group'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2.383	+	2.183)	/	2 )	/	10.438	*	365 / 4
=	2.283					/	10.438	*	365 / 4
=	19.96

Ucloudlink Group (NAS:UCL) 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.

Ucloudlink Group's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	10.438	/	2.283
	=	4.57

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.

Ucloudlink Group's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.283	/	21.73
	=	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.

Ucloudlink Group Days Inventory Related Terms

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

Ucloudlink Group (Ucloudlink Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Ucloudlink Group Inc (NAS:UCL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

132 Nathan Road, Tsim Sha Tsui, Unit 2214-Rm1, 22 Floor, Mira Place Tower A, Kowloon, Hong Kong, HKG

Website

https://www.ucloudlink.com

Ucloudlink Group Inc provides mobile data connectivity and portable WiFi services. The business operates under uCloudlink 1.0, which focuses on cross-border travelers that need mobile data connectivity services across different countries. Under uCloudlink 2.0, provides mobile data connectivity services to local users across different MNOs in a single country. It generates revenue from the provision of data connectivity services, and the sales of terminals and sales of data related products.