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


UNIR Uniroyal Global Engineered Products Inc UNIR
12 GF Score
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What is Uniroyal Global Engineered Products Total Inventories?

Uniroyal Global Engineered Products UNIR 12 Total Inventories is $24.14 Mil as of Mar. 2022. GuruFocus rates UNIR with a GF Score™ of 12/100.

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  (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)/3.736
=-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

Uniroyal Global Engineered Products Total Inventories Historical Data

* Premium members only.

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.

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
UNIR
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Uniroyal Global Engineered Products Inc UNIR
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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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $24.14 Mil mean?
Uniroyal Global Engineered Products (UNIR) has a Total Inventories of $24.14 Mil as of Mar. 2022. The total amount of inventory as recorded on a company's balance sheet. View historical data for Uniroyal Global Engineered Products and its competitors.
Is Uniroyal Global Engineered Products' Total Inventories too high?
Uniroyal Global Engineered Products' current Total Inventories is $24.14 Mil. Overall, Uniroyal Global Engineered Products has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Uniroyal Global Engineered Products' Total Inventories compare to AIN?
Uniroyal Global Engineered Products' Total Inventories of $24.14 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Total Inventories depends on the Manufacturing - Apparel & Accessories 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 Uniroyal Global Engineered Products and its competitors. Uniroyal Global Engineered Products's current Total Inventories is $24.14 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Uniroyal Global Engineered Products stock overvalued right now?
Uniroyal Global Engineered Products (UNIR) has a current Total Inventories of $24.14 Mil. The current Total Inventories is $24.14 Mil. Uniroyal Global Engineered Products' overall GF Score™ is 12/100. 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 Uniroyal Global Engineered Products (UNIR), the current Total Inventories is $24.14 Mil as of Mar. 2022. 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.

Uniroyal Global Engineered Products Business Description

Address 1819 Main Street, Suite 1110, 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.
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