UMLS (Ultimate Lifestyle) Total Inventories: $3.9 Mil (As of Jun. 2001)


What is Ultimate Lifestyle Total Inventories?

Ultimate Lifestyle UMLS Total Inventories is $3.9 Mil as of Jun. 2001.

Ultimate Lifestyle's total inventories for the quarter that ended in Jun. 2001 was $3.9 Mil. Ultimate Lifestyle's average total inventories from the quarter that ended in Mar. 2001 to the quarter that ended in Jun. 2001 was $4.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ultimate Lifestyle's Net-Net Working Capital per share for the quarter that ended in Jun. 2001 was $-2,283.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ultimate Lifestyle's Days Inventory for the three months ended in Jun. 2001 was 17.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ultimate Lifestyle's Inventory Turnover for the quarter that ended in Jun. 2001 was 5.31.

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 Lifestyle's Inventory-to-Revenue for the quarter that ended in Jun. 2001 was 0.13.

Ultimate Lifestyle  (OTCPK:UMLS) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Ultimate Lifestyle's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2001 is

Net-Net Working Capital Per Share (Q: Jun. 2001 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.865+0.75 * 20.693+0.5 * 3.886-74.126
-0-0)/0.024
=-2,283.26

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

Ultimate Lifestyle's Days Inventory for the three months ended in Jun. 2001 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2001 )/Cost of Goods Sold (Q: Jun. 2001 )*Days in Period
=4.686/24.882*365 / 4
=17.19

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Ultimate Lifestyle's Inventory Turnover for the quarter that ended in Jun. 2001 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2001 ) / Average Total Inventories (Q: Jun. 2001 )
=24.882 / 4.686
=5.31

4. 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 Lifestyle's Inventory to Revenue for the quarter that ended in Jun. 2001 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2001 ) / Revenue (Q: Jun. 2001 )
=4.686 / 35.277
=0.13

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Ultimate Lifestyle Total Inventories Related Terms

Ultimate Lifestyle Total Inventories Historical Data

* Premium members only.

The historical data trend for Ultimate Lifestyle's Total Inventories 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.

Ultimate Lifestyle Total Inventories Chart

Ultimate Lifestyle Annual Data
Trend Apr98 Dec99 Dec00
Total Inventories
0.00 10.69 4.79

Ultimate Lifestyle Quarterly Data
Jul97 Oct97 Jan98 Apr98 Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01
Total Inventories 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 4.80 5.12 4.79 5.49 3.89

Ultimate Lifestyle Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $3.9 Mil mean?
Ultimate Lifestyle (UMLS) has a Total Inventories of $3.9 Mil as of Jun. 2001. The total amount of inventory as recorded on a company's balance sheet. View historical data for Ultimate Lifestyle and its competitors.
Is Ultimate Lifestyle's Total Inventories too high?
Ultimate Lifestyle's current Total Inventories is $3.9 Mil.
How does Ultimate Lifestyle's Total Inventories compare to FCHAF and CRFQF?
Ultimate Lifestyle's Total Inventories of $3.9 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Real Estate company?
A good Total Inventories depends on the Real Estate industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Ultimate Lifestyle and its competitors. Ultimate Lifestyle's current Total Inventories is $3.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultimate Lifestyle stock overvalued right now?
Ultimate Lifestyle (UMLS) has a current Total Inventories of $3.9 Mil. The current Total Inventories is $3.9 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Ultimate Lifestyle (UMLS), the current Total Inventories is $3.9 Mil as of Jun. 2001. 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.

Ultimate Lifestyle Business Description

Address 375 North Stephanie Street, Suite 1411, Hendersen, NV, USA, 89014-8909
Ultimate Lifestyle Corp offers offers a share in luxurious and exclusive vacation homes either on full-time or shared ownership basis.