UGP (Ultrapar Participacoes) Days Inventory: 11.70 (As of Mar. 2026) — 16% Below Median


UGP Ultrapar Participacoes SA UGP
77 GF Score
Price $4.90
GF Value $4.56
Valuation Fairly Valued
! 1 Warning Sign
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What is Ultrapar Participacoes Days Inventory?

Ultrapar Participacoes UGP -0.91% 77 Days Inventory is 11.70 as of Mar. 2026, which is 16% below its 10-year median of 13.95. GuruFocus rates UGP with a GF Score™ of 77/100 and a GF Value™ of $4.56 (Fairly Valued). The stock has 1 warning sign investors should review. Among 685 Oil & Gas companies, Ultrapar Participacoes ranks better than 75.77% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Ultrapar Participacoes's Average Total Inventories for the three months ended in Mar. 2026 was $824 Mil. Ultrapar Participacoes's Cost of Goods Sold for the three months ended in Mar. 2026 was $6,421 Mil. Hence, Ultrapar Participacoes's Days Inventory for the three months ended in Mar. 2026 was 11.70.

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

UGP' s Days Inventory Range Over the Past 10 Years
Min: 11.2   Med: 13.95   Max: 19.7
Current: 11.21

During the past 13 years, Ultrapar Participacoes's highest Days Inventory was 19.70. The lowest was 11.20. And the median was 13.95.

UGP's Days Inventory is ranked better than
75.77% of 685 companies
in the Oil & Gas industry
Industry Median: 31.01 vs UGP: 11.21

Ultrapar Participacoes's Days Inventory increased from Mar. 2025 (11.46) to Mar. 2026 (11.70). It might indicate that Ultrapar Participacoes's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ultrapar Participacoes's Inventory Turnover for the three months ended in Mar. 2026 was 7.80.

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. Ultrapar Participacoes's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.12.


Ultrapar Participacoes  (NYSE:UGP) 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.

Ultrapar Participacoes's Inventory Turnover for the three months ended in Mar. 2026 is calculated as

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.

Ultrapar Participacoes's Inventory to Revenue for the three months ended in Mar. 2026 is calculated as

* 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.


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.


Ultrapar Participacoes Days Inventory Related Terms


Ultrapar Participacoes Days Inventory Historical Data

* Premium members only.

The historical data trend for Ultrapar Participacoes'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.

Ultrapar Participacoes Days Inventory Chart

Ultrapar Participacoes Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.18 11.44 13.87 13.65 10.63

Ultrapar Participacoes Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days 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 11.46 11.47 10.21 10.50 11.70

UGP vs VLO, MPC, PSX: Days Inventory Comparison

For the Oil & Gas Refining & Marketing subindustry, Ultrapar Participacoes'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.


Ultrapar Participacoes Days Inventory vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ultrapar Participacoes's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ultrapar Participacoes's Days Inventory falls into.


UGP
77GF Score
Ultrapar Participacoes SA UGP
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Ultrapar Participacoes Days Inventory Calculation

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

Ultrapar Participacoes's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (642.038 + 777.932) / 2 ) / 24380.135*365
=709.985 / 24380.135*365
=10.63

Ultrapar Participacoes's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (777.932 + 869.242) / 2 ) / 6420.688*365 / 4
=823.587 / 6420.688*365 / 4
=11.70

* 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 Days Inventory →
What does a Days Inventory of 11.70 mean?
Ultrapar Participacoes (UGP) has a Days Inventory of 11.70 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ultrapar Participacoes and its competitors. This is 16% below median its historical median of 13.95. Over the past decade, Ultrapar Participacoes' Days Inventory has ranged from 11.20 to 19.70. According to the industry distribution chart, Ultrapar Participacoes ranks #166 out of 685 companies in the Oil & Gas industry, placing it in the top 24.2%.
Is Ultrapar Participacoes' Days Inventory too high?
Ultrapar Participacoes' current Days Inventory of 11.70 is 16% below median its 10-year median of 13.95. Over the past 10 years, this metric has ranged from a low of 11.20 to a high of 19.70. The Oil & Gas industry median Days Inventory is 31.01. Ultrapar Participacoes' value of 11.70 is 62.3% below this industry median. Based on the distribution chart, Ultrapar Participacoes ranks #166 out of 685 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Ultrapar Participacoes has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ultrapar Participacoes' Days Inventory compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Ultrapar Participacoes ranks #166 out of 685 companies for Days Inventory. This places Ultrapar Participacoes in the top 24% of its industry — outperforming the majority of peers. The industry median Days Inventory is 31.01. Ultrapar Participacoes' value of 11.70 is 62.3% below this benchmark. Historically, Ultrapar Participacoes' own Days Inventory has ranged from 11.20 to 19.70 over the past decade. While the company's 10-year median is 13.95 vs. the industry median of 31.01, Ultrapar Participacoes has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Oil & Gas company?
The median Days Inventory among Oil & Gas companies is 31.01, based on 685 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ultrapar Participacoes's current Days Inventory of 11.70 is 62.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ultrapar Participacoes and its competitors. For the Oil & Gas industry, the median Days Inventory is 31.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultrapar Participacoes's current Days Inventory is 11.70, which is 16% below median its own 10-year median of 13.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultrapar Participacoes stock overvalued right now?
Based on GuruFocus' analysis, Ultrapar Participacoes (UGP) is currently considered Fairly Valued. The stock's GF Value™ is $4.56, compared to a current price of $4.90 — trading 7.3% above its estimated fair value. The current Days Inventory is 11.70, which is 16% below median its 10-year median of 13.95 and 62.3% below the Oil & Gas industry median of 31.01. Ultrapar Participacoes' overall GF Score™ is 77/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Ultrapar Participacoes (UGP), the current Days Inventory is 11.70 as of Mar. 2026. 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.

Is Ultrapar Participacoes (UGP) Overvalued in 2026?

Based on GuruFocus' analysis, Ultrapar Participacoes stock appears to be overvalued. The current stock price of $4.90 is trading 7.3% above its estimated GF Value™ of $4.56. GuruFocus considers Ultrapar Participacoes to be Fairly Valued.

Key valuation signals for UGP:

  • Days Inventory: 11.70 (16% below median its 10-year median of 13.95)
  • GF Value™: $4.56 vs. price of $4.90 (7.3% above fair value)
  • GF Score™: 77/100 with 1 warning sign
  • Industry Position: 62.3% below the Oil & Gas median (#166 of 685)

No single metric tells the full story. See the UGP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ultrapar Participacoes Business Description

Industry EnergyOil & Gas
Address Brigadeiro Luis Antonio Avenue, 1343, 9th Floor, Sao Paulo, SP, BRA, 01317-910
Ultrapar Participacoes SA engages in the investment of its own capital in services, commercial, and industrial activities, through the subscription or acquisition of shares of other companies. The company's business segments include: i) Ultragaz distributes LPG in the segments: bulk, comprising condominiums, trade, services, industries, and agribusiness; and bottled, mainly comprising residential consumers. ii) Ipiranga, the majority revenue generating segment, engages in the distribution and sale of oil-related products to service stations that operate under the Ipiranga brand throughout Brazil. iii) Ultracargo operates in specialized liquid bulk storage solutions in the main logistics centers. iv) Hidrovias: operates in logistics solutions and waterway and multimodal infrastructure.
77GF Score

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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.90
Price
$4.56
GF Value