Ultra Inventory Turnover from 2010 to 2024

UCTT Stock  USD 38.45  1.15  3.08%   
Ultra Clean Inventory Turnover yearly trend continues to be comparatively stable with very little volatility. Inventory Turnover is likely to outpace its year average in 2024. Inventory Turnover is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. View All Fundamentals
 
Inventory Turnover  
First Reported
2010-12-31
Previous Quarter
4.40792121
Current Value
6.57
Quarterly Volatility
1.03701558
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ultra Clean financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ultra Clean's main balance sheet or income statement drivers, such as Depreciation And Amortization of 64.8 M, Interest Expense of 51.2 M or Gross Profit of 291.2 M, as well as many indicators such as Price To Sales Ratio of 1.25, Dividend Yield of 5.0E-4 or PTB Ratio of 2.56. Ultra financial statements analysis is a perfect complement when working with Ultra Clean Valuation or Volatility modules.
  
Check out the analysis of Ultra Clean Correlation against competitors.

Latest Ultra Clean's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Ultra Clean Holdings over the last few years. It is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. Ultra Clean's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ultra Clean's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Very volatile
   Inventory Turnover   
       Timeline  

Ultra Inventory Turnover Regression Statistics

Arithmetic Mean5.26
Geometric Mean5.16
Coefficient Of Variation19.70
Mean Deviation0.87
Median5.47
Standard Deviation1.04
Sample Variance1.08
Range3.3398
R-Value0.0007
Mean Square Error1.16
R-Squared0.00000055
Significance1.00
Slope0.0002
Total Sum of Squares15.06

Ultra Inventory Turnover History

2024 6.57
2021 4.41
2020 3.89
2015 6.14
2011 5.47
2010 3.23

About Ultra Clean Financial Statements

Ultra Clean shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Ultra Clean investors may analyze each financial statement separately, they are all interrelated. The changes in Ultra Clean's assets and liabilities, for example, are also reflected in the revenues and expenses on on Ultra Clean's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Inventory Turnover 4.41  6.57 

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Additional Tools for Ultra Stock Analysis

When running Ultra Clean's price analysis, check to measure Ultra Clean's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ultra Clean is operating at the current time. Most of Ultra Clean's value examination focuses on studying past and present price action to predict the probability of Ultra Clean's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ultra Clean's price. Additionally, you may evaluate how the addition of Ultra Clean to your portfolios can decrease your overall portfolio volatility.