Universal Corporation (UVV)

The days of inventory on hand (DOH) measure for Universal Corporation indicates the average number of days it takes for the company to sell its inventory. The trend analysis of Universal Corporation's DOH from March 31, 2021, to March 31, 2025, reveals fluctuations in the efficiency of managing inventory.

The DOH increased from 179.74 days on March 31, 2021, to 218.97 days on March 31, 2022, indicating a significant rise in the days it took to sell inventory. This rise could signal potential issues with inventory management efficiency during this period.

Subsequently, Universal Corporation managed to reduce its DOH to 179.22 days on March 31, 2023, suggesting an improvement in inventory turnover efficiency. However, this improvement was short-lived as the DOH then climbed to 231.48 days on March 31, 2024, indicating a significant delay in inventory turnover.

The most recent DOH data point, recorded at 177.34 days on March 31, 2025, shows a decrease in the days of inventory on hand. This decrease could be a positive sign of improved inventory management efficiency, leading to faster inventory turnover relative to the previous year.

Overall, the fluctuating trend in Universal Corporation's DOH suggests varying levels of efficiency in managing its inventory over the analyzed period. Further examination of the company's inventory management practices and strategies could help identify the underlying factors contributing to these fluctuations and inform future decision-making processes.

Peer comparison

Mar 31, 2025