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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.
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 Annual Data | |||||||||||||||||||||
Trend | Dec12 | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | |||||||||||
Total Inventories | Get a 7-Day Free Trial | 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 | 18.81 | 18.79 | 20.26 | 21.84 | 24.14 |
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.
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.
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 |
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