United Fire UFCS
NASDAQ UFCS
$56.39 +1.54 (+2.81%)
As of: Sep 3, 2026 · 2:01 PM EDT

United Fire (UFCS) Change in Inventory (2010 - 2024)

United Fire (UFCS) posted Change in Inventory of $56.4 million for Q1 2024, down 26.33% sequentially from $76.5 million in Q3 2023, and up 561.52% YoY from $8.5 million in Q2 2023.

Analysis

United Fire (UFCS) Change in Inventory (2010 - 2024) Analysis & Trends

United Fire has reported Change in Inventory for 15 years, with the latest figure at $56.4 million in Q1 2024.

  • Quarterly Change in Inventory rose 561.52% year-over-year to $56.4 million in Q1 2024, while the trailing twelve-month figure through Dec 2024 was $56.4 million (down 51.43% YoY) and the FY2024 annual result came in at $56.4 million, down 51.43% from the prior year.
  • Change in Inventory slipped to $56.4 million in Q1 2024 per UFCS's latest filing, from $76.5 million in the prior quarter.
  • Over five years, Change in Inventory peaked at $76.5 million in Q3 2023 and troughed at -$6.5 million in Q3 2021.
  • A 5-year average of $20.9 million and a median of $15.0 million in 2020 frame the typical range for Change in Inventory.
  • The sharpest annual moves came in 2021 and 2023: Change in Inventory tumbled 131.75% in 2021, then soared 13468.62% in 2023.
  • Over 5 years, Change in Inventory stood at $35.2 million in 2020, then slumped by 88.9% to $3.9 million in 2021, then plunged by 85.56% to $564000.0 in 2022, then jumped by 13468.62% to $76.5 million in 2023, then fell by 26.33% to $56.4 million in 2024.
  • According to Business Quant data, Change in Inventory over the past three periods registered $56.4 million, $76.5 million, and $31.0 million for Q1 2024, Q3 2023, and Q2 2023 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Inventory (Qtr)
1 Chubb 134.97 Bn 121.21 Bn 9.13 Bn -
2 Progressive 130.59 Bn 125.59 Bn 9.04 Bn -
3 Travelers Companies 79.13 Bn 55.38 Bn 6.23 Bn -
4 Allstate 67.86 Bn 29.13 Bn 16.28 Bn -
5 Fairfax Financial Holdings 36.18 Bn 36.18 Bn - -
6 Cincinnati Financial 26.94 Bn 25.04 Bn 2.39 Bn -
7 Markel 23.13 Bn 6.24 Bn 2.83 Bn -
8 Loews 22.62 Bn 322.44 Mn 2.57 Bn -27.00 Mn
9 Assurant 14.25 Bn 12.22 Bn 2.71 Bn -
10 United Fire 1.45 Bn 1.31 Bn 171.45 Mn -
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2024 56.38 Mn
Sep 30, 2023 76.53 Mn
Jun 30, 2023 31.03 Mn
Mar 31, 2023 8.52 Mn
Sep 30, 2022 564,000.00
Jun 30, 2022 10.77 Mn
Mar 31, 2022 18.39 Mn
Dec 31, 2021 3.91 Mn
Sep 30, 2021 -6.48 Mn
Jun 30, 2021 2.25 Mn
Mar 31, 2021 38.74 Mn
Dec 31, 2020 35.20 Mn
Sep 30, 2020 20.40 Mn
Jun 30, 2020 14.99 Mn
Mar 31, 2020 2.16 Mn
Dec 31, 2019 504,000.00
Sep 30, 2019 272,000.00
Jun 30, 2019 -596,000.00
Mar 31, 2019 1.24 Mn
Dec 31, 2018 1.26 Mn