Universal Logistics Holdings (Universal Logistics Holdings) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is Universal Logistics Holdings Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Universal Logistics Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $330 Mil. Universal Logistics Holdings's Average Total Inventories for the quarter that ended in Dec. 2023 was $0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Universal Logistics Holdings's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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. Universal Logistics Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Universal Logistics Holdings Inventory Turnover Historical Data

The historical data trend for Universal Logistics Holdings's Inventory Turnover 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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Universal Logistics Holdings Inventory Turnover Chart

Universal Logistics Holdings Annual Data

Trend

Dec14

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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196.04

Universal Logistics Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Universal Logistics Holdings Inventory Turnover Calculation

Universal Logistics Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	1406.323	/ (	(0	+	0)	/	1 )
=	1406.323	/	0
=	N/A

Universal Logistics Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	330.367	/ (	(0	+	0)	/	1 )
=	330.367	/	0
=	N/A

Universal Logistics Holdings (NAS:ULH) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Universal Logistics Holdings's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	0	/	330.367	*	365 / 4
	=	0.00

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.

Universal Logistics Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0	/	390.92
	=	0.00

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Universal Logistics Holdings Inventory Turnover Related Terms

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Universal Logistics Holdings (Universal Logistics Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Universal Logistics Holdings Inc (NAS:ULH) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

12755 East Nine Mile Road, Warren, MI, USA, 48089

Website

https://www.universallogistics.com

Universal Logistics Holdings Inc is an asset-light provider of customized transportation and logistics solutions throughout the United States, and in Mexico, Canada and Colombia. It offers services such as truckload, brokerage, intermodal, dedicated, and value-added services. The company reports into four segments namely trucking, intermodal, company-managed brokerage, and contract logistics. The majority of the revenue is earned from the contract logistics segment.

Executives

Matthew T Moroun	director, 10 percent owner	12225 STEPHENS ROAD, WARREN MI 48089
Michael A. Regan	director	360 W. BUTTERFIELD ROAD, SUITE 400, ELMURST IL 60126
Frederick P Calderone	director	C/O CENTRAL TRANSPORT INTL, 12225 STEPHENS RD, WARREN MI 48089
Marcus D. Hudson	director	12755 E. NINE MILE ROAD, WARREN MI 48089
Richard P Urban	director	C/O UNIVERSAL TRUCKLOAD SERVICES, INC., 11355 STEPHENS ROAD, WARREN MI 48089
Nora M. Moroun	10 percent owner	12225 STEPHENS ROAD, WARREN MI 48089
Matthew J. Moroun	director	12225 STEPHENS ROAD, WARREN MI 48089
Timothy Phillips	director, officer: Chief Executive Officer	12755 E. NINE MILE ROAD, WARREN MI 48089
Jeff Rogers	director, officer: Chief Executive Officer	720 SPYGLASS HILL, HOLLAND MI 49424
H.e. Wolfe	director	11355 STEPHENS ROAD, WARREN MI 48089
Clarence W Gooden	director
Grant Edward Belanger	director	12755 EAST NINE MILE ROAD, WARREN MI 48089
Jude Marcus Beres	officer: Chief Financial Officer	12755 E. NINE MILE ROAD, WARREN MI 48089
David A. Crittenden	officer: Chief Financial Officer	11355 STEPHENS ROAD, WARREN MI 48089
Manuel J Moroun	director, 10 percent owner	CENTRAL TRANSPORT INTL, 12225 STEPHENS RD, WARREN MI 48089