Universal Days Of Inventory On Hand from 2010 to 2024

OLED Stock  USD 168.41  1.35  0.81%   
Universal Display's Days Of Inventory On Hand is increasing over the years with slightly volatile fluctuation. Overall, Days Of Inventory On Hand is expected to go to 497.68 this year. During the period from 2010 to 2024 Universal Display Days Of Inventory On Hand annual values regression line had geometric mean of  301.28 and mean square error of  40,755. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
473.97747754
Current Value
497.68
Quarterly Volatility
205.51830142
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Universal Display financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Universal Display's main balance sheet or income statement drivers, such as Interest Expense of 9.4 M, Total Revenue of 605.3 M or Gross Profit of 463.1 M, as well as many indicators such as Price To Sales Ratio of 14.99, Dividend Yield of 0.0077 or PTB Ratio of 4.29. Universal financial statements analysis is a perfect complement when working with Universal Display Valuation or Volatility modules.
  
Check out the analysis of Universal Display Correlation against competitors.
For information on how to trade Universal Stock refer to our How to Trade Universal Stock guide.

Latest Universal Display's Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Universal Display over the last few years. It is Universal Display's Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Universal Display's overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Slightly volatile
   Days Of Inventory On Hand   
       Timeline  

Universal Days Of Inventory On Hand Regression Statistics

Arithmetic Mean359.28
Geometric Mean301.28
Coefficient Of Variation57.20
Mean Deviation154.92
Median327.84
Standard Deviation205.52
Sample Variance42,238
Range814
R-Value0.32
Mean Square Error40,755
R-Squared0.10
Significance0.24
Slope14.82
Total Sum of Squares591,329

Universal Days Of Inventory On Hand History

2024 497.68
2023 473.98
2022 522.89
2021 425.85
2020 391.1
2019 309.69
2018 477.2

About Universal Display Financial Statements

Universal Display stakeholders use historical fundamental indicators, such as Universal Display's Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Universal Display investors may analyze each financial statement separately, they are all interrelated. For example, changes in Universal Display's assets and liabilities are reflected in the revenues and expenses on Universal Display's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Universal Display. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 473.98  497.68 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Universal Display is a strong investment it is important to analyze Universal Display's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Universal Display's future performance. For an informed investment choice regarding Universal Stock, refer to the following important reports:
Check out the analysis of Universal Display Correlation against competitors.
For information on how to trade Universal Stock refer to our How to Trade Universal Stock guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Universal Display. If investors know Universal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Universal Display listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.299
Dividend Share
1.55
Earnings Share
4.98
Revenue Per Share
13.536
Quarterly Revenue Growth
0.146
The market value of Universal Display is measured differently than its book value, which is the value of Universal that is recorded on the company's balance sheet. Investors also form their own opinion of Universal Display's value that differs from its market value or its book value, called intrinsic value, which is Universal Display's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Universal Display's market value can be influenced by many factors that don't directly affect Universal Display's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Universal Display's value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Display is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Display's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.