Stock Analysis on Net

United Rentals Inc. (NYSE:URI)

$22.49

This company has been moved to the archive! The financial data has not been updated since January 25, 2023.

Analysis of Inventory

Microsoft Excel

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Inventory Disclosure

United Rentals Inc., balance sheet: inventory

US$ in millions

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Inventory

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).


Inventory Trends
The inventory levels show a consistent upward trend over the analyzed five-year period. Starting at $109 million in 2018, inventory increased marginally to $120 million in 2019 and then to $125 million in 2020. The rise becomes more pronounced in the subsequent years, with inventory reaching $164 million in 2021 and further surging to $232 million by the end of 2022. This represents an overall increase of approximately 113% from 2018 to 2022, indicating a substantial accumulation of inventory assets over time.
The acceleration in inventory growth during the last two years suggests a possible strategic shift towards building up stock, potentially in response to increased demand or supply chain considerations. The sharp increase might also reflect efforts to support expanded operations or preparation for anticipated market conditions. However, such a significant rise in inventory warrants further analysis to assess its impact on liquidity and operational efficiency.