UTRK (Universal Tracking Solutions) Total Inventories: $0.00 Mil (As of Dec. 2011)


What is Universal Tracking Solutions Total Inventories?

Universal Tracking Solutions UTRK Total Inventories is $0.00 Mil as of Dec. 2011.

Universal Tracking Solutions's total inventories for the quarter that ended in Dec. 2011 was $0.00 Mil. Universal Tracking Solutions's average total inventories from the quarter that ended in Sep. 2011 to the quarter that ended in Dec. 2011 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Universal Tracking Solutions's Net-Net Working Capital per share for the quarter that ended in Dec. 2011 was $-0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Universal Tracking Solutions's Days Inventory for the three months ended in Dec. 2011 was 2.68.

Inventory Turnover measures how fast the company turns over its inventory within a year. Universal Tracking Solutions's Inventory Turnover for the quarter that ended in Dec. 2011 was 34.00.

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 Tracking Solutions's Inventory-to-Revenue for the quarter that ended in Dec. 2011 was 0.02.

Universal Tracking Solutions  (OTCPK:UTRK) 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.

Universal Tracking Solutions's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2011 is

Net-Net Working Capital Per Share (Q: Dec. 2011 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.024+0.75 * 0.148+0.5 * 0.004-0.217
-0-0)/22.124
=-0.00

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

Universal Tracking Solutions's Days Inventory for the three months ended in Dec. 2011 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2011 )/Cost of Goods Sold (Q: Dec. 2011 )*Days in Period
=0.003/0.102*365 / 4
=2.68

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

Universal Tracking Solutions's Inventory Turnover for the quarter that ended in Dec. 2011 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2011 ) / Average Total Inventories (Q: Dec. 2011 )
=0.102 / 0.003
=34.00

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.

Universal Tracking Solutions's Inventory to Revenue for the quarter that ended in Dec. 2011 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2011 ) / Revenue (Q: Dec. 2011 )
=0.003 / 0.17
=0.02

* 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.

Universal Tracking Solutions Total Inventories Related Terms

Universal Tracking Solutions Total Inventories Historical Data

* Premium members only.

The historical data trend for Universal Tracking Solutions'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.

Universal Tracking Solutions Total Inventories Chart

Universal Tracking Solutions Annual Data
Trend Dec05 Dec06 Dec07 Dec09 Dec10 Dec11
Total Inventories
Get a 7-Day Free Trial 0.00 0.00 0.01 0.00 0.00

Universal Tracking Solutions Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11
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 0.00 0.00 0.01 0.00 0.00

Universal Tracking Solutions 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 $0.00 Mil mean?
Universal Tracking Solutions (UTRK) has a Total Inventories of $0.00 Mil as of Dec. 2011. The total amount of inventory as recorded on a company's balance sheet. View historical data for Universal Tracking Solutions and its competitors.
Is Universal Tracking Solutions' Total Inventories too high?
Universal Tracking Solutions' current Total Inventories is $0.00 Mil.
How does Universal Tracking Solutions' Total Inventories compare to TRKK and GTXO?
Universal Tracking Solutions' Total Inventories of $0.00 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Total Inventories depends on the Hardware 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 Universal Tracking Solutions and its competitors. Universal Tracking Solutions's current Total Inventories is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Universal Tracking Solutions stock overvalued right now?
Universal Tracking Solutions (UTRK) has a current Total Inventories of $0.00 Mil. The current Total Inventories is $0.00 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 Universal Tracking Solutions (UTRK), the current Total Inventories is $0.00 Mil as of Dec. 2011. 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.

Universal Tracking Solutions Business Description

Address 1602 N. 21st Street, Tampa, FL, USA, 33605
Universal Tracking Solutions Inc is an application-based solutions provider of telemetry tracking systems. The company specializes in fleet management, law enforcement, and finance applications as well as the motorcycle and auto industries.