United Days Of Inventory On Hand from 2010 to 2024

UMC Stock  USD 6.85  0.08  1.18%   
United Microelectronics' 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 92.61 this year. During the period from 2010 to 2024 United Microelectronics Days Of Inventory On Hand annual values regression line had geometric mean of  58.52 and mean square error of  58.62. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
88.20434145
Current Value
92.61
Quarterly Volatility
14.26312639
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check United Microelectronics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among United Microelectronics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 25.9 B, Interest Expense of 1.3 B or Selling General Administrative of 5.1 B, as well as many indicators such as Price To Sales Ratio of 3.01, Dividend Yield of 0.0358 or PTB Ratio of 1.49. United financial statements analysis is a perfect complement when working with United Microelectronics Valuation or Volatility modules.
  
Check out the analysis of United Microelectronics Correlation against competitors.
For information on how to trade United Stock refer to our How to Trade United Stock guide.

Latest United Microelectronics' Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of United Microelectronics over the last few years. It is United Microelectronics' Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in United Microelectronics' 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  

United Days Of Inventory On Hand Regression Statistics

Arithmetic Mean59.87
Geometric Mean58.52
Coefficient Of Variation23.82
Mean Deviation10.39
Median54.52
Standard Deviation14.26
Sample Variance203.44
Range47.6458
R-Value0.86
Mean Square Error58.62
R-Squared0.73
Significance0.000047
Slope2.73
Total Sum of Squares2,848

United Days Of Inventory On Hand History

2024 92.61
2023 88.2
2022 74.15
2021 59.58
2020 59.73
2019 62.46
2018 51.74

About United Microelectronics Financial Statements

United Microelectronics stakeholders use historical fundamental indicators, such as United Microelectronics' Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although United Microelectronics investors may analyze each financial statement separately, they are all interrelated. For example, changes in United Microelectronics' assets and liabilities are reflected in the revenues and expenses on United Microelectronics' 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 United Microelectronics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 88.20  92.61 

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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 United Microelectronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United Microelectronics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of United Microelectronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United Microelectronics Stock:
Check out the analysis of United Microelectronics Correlation against competitors.
For information on how to trade United Stock refer to our How to Trade United Stock guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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 United Microelectronics. If investors know United 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 United Microelectronics 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
(0.09)
Dividend Share
3
Earnings Share
0.63
Revenue Per Share
93.08
Quarterly Revenue Growth
0.06
The market value of United Microelectronics is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Microelectronics' value that differs from its market value or its book value, called intrinsic value, which is United Microelectronics' 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 United Microelectronics' market value can be influenced by many factors that don't directly affect United Microelectronics' 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 United Microelectronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Microelectronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Microelectronics' 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.