GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Uniroyal Global Engineered Products Inc (OTCPK:UNIR) » Definitions » Total Inventories

Uniroyal Global Engineered Products (Uniroyal Global Engineered Products) Total Inventories : $24.14 Mil (As of Mar. 2022)


View and export this data going back to 2003. Start your Free Trial

What is Uniroyal Global Engineered Products Total Inventories?

Uniroyal Global Engineered Products's total inventories for the quarter that ended in Mar. 2022 was $24.14 Mil. Uniroyal Global Engineered Products's average total inventories from the quarter that ended in Dec. 2021 to the quarter that ended in Mar. 2022 was $22.99 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Uniroyal Global Engineered Products's Net-Net Working Capital per share for the quarter that ended in Mar. 2022 was $-11.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Uniroyal Global Engineered Products's Days Inventory for the three months ended in Mar. 2022 was 120.53.

Inventory Turnover measures how fast the company turns over its inventory within a year. Uniroyal Global Engineered Products's Inventory Turnover for the quarter that ended in Mar. 2022 was 0.76.

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. Uniroyal Global Engineered Products's Inventory-to-Revenue for the quarter that ended in Mar. 2022 was 1.15.


Uniroyal Global Engineered Products Total Inventories Historical Data

The historical data trend for Uniroyal Global Engineered Products'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.

* Premium members only.

Uniroyal Global Engineered Products Total Inventories Chart

Uniroyal Global Engineered Products Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.77 19.46 19.12 17.95 21.84

Uniroyal Global Engineered Products Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.81 18.79 20.26 21.84 24.14

Uniroyal Global Engineered Products 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.


Uniroyal Global Engineered Products  (OTCPK:UNIR) 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.

Uniroyal Global Engineered Products's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2022 is

Net-Net Working Capital Per Share (Q: Mar. 2022 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.324+0.75 * 11.692+0.5 * 24.143-61.374
-1.081-0)/3.73601
=-11.05

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

Uniroyal Global Engineered Products's Days Inventory for the three months ended in Mar. 2022 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2022 )/Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=22.9915/17.406*365 / 4
=120.53

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

Uniroyal Global Engineered Products's Inventory Turnover for the quarter that ended in Mar. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2022 ) / Average Total Inventories (Q: Mar. 2022 )
=17.406 / 22.9915
=0.76

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.

Uniroyal Global Engineered Products's Inventory to Revenue for the quarter that ended in Mar. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2022 ) / Revenue (Q: Mar. 2022 )
=22.9915 / 20.071
=1.15

* 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.


Uniroyal Global Engineered Products Total Inventories Related Terms

Thank you for viewing the detailed overview of Uniroyal Global Engineered Products's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Uniroyal Global Engineered Products (Uniroyal Global Engineered Products) Business Description

Traded in Other Exchanges
N/A
Address
1800 2nd Street, Suite 970, Sarasota, FL, USA, 34236
Uniroyal Global Engineered Products Inc manufactures vinyl coated fabric products from casting paper, knit fabric, PVC plastic resins, pigments and plasticizers. Its brand name includes Naugahyde, BeautyGard, Flameblocker, Spirit Millennium, Ambla, Amblon, Velbex, Plastolene, and Vynide. The company's products are used in automotive and non-automotive transportation, certain indoor/outdoor furniture, commercial and hospitality seating, healthcare facilities and athletic equipment for seating, door panels, head and arm rests, security shades and trim components, and sheeting used in medical, nuclear protection, personal protection, moisture barriers, pram and nursery, movie screen and decorative surface applications. Geographically, it derives a majority of revenue from North America.
Executives
Howard R Curd director, 10 percent owner, officer: Chief Executive Officer
George Louis Sanchez officer: Executive Vice President - sub 5414 WHITE BLAZE TERRACE, PARRISH FL 34219
Oliver James Janney officer: Secretary and General Counsel 1800 2ND ST., SUITE 970, SARASOTA FL 34236
Howard F Curd other: officer of subsidiary
John E Scates director 3121 FAIRGATE DRIVE, CARROLLTON TX 75007
Gregory J Newell director 326 W. SHORELINE COURT, VINEYARD UT 84058
Elizabeth A Henson officer: VP OF OPERATIONS 5100 HIDDEN SPRINGS AVENUE, SARASOTA FL 34234
Edmund King director, officer: CEO, CFO & PRESIDENT 258 VINEYARD LANE, MESQUITE NV 89027
Centurian Investors, Inc. 10 percent owner 1800 2ND STREET, SUITE 970, SARASOTA FL 34236
David J Benedetti officer: CFO, Secretary, Treasurer 4400 INDEPENDENCE COURT, SARASOTA FL 34234
Joseph Movizzo director 4400 INDEPENDENCE COURT, SARASOTA FL 34234
Herbert M Lustig director, officer: CEO and President 6935 15TH STREET EAST, SUITE 120, SARASOTA FL 34243
Carl A Parks officer: VICE PRESIDENT 11122 3RD AVENUE, BRADENTON FL 34212
Charles Yanak officer: VICE PRESIDENT 1001 DOANS WAY, BLUE BELL PA 19422
Duffey Elizabeth Rosemary Irrevocable Tr U/a/d/ July 29 1998 10 percent owner 4400 INDEPENDENCE COURT, SARASOTA FL 34234

Uniroyal Global Engineered Products (Uniroyal Global Engineered Products) Headlines