SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : OLED Universal Display Corp
OLED 176.81+0.1%Oct 15 4:00 PM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
Dkjunior143
ynotgoal
To: ynotgoal who wrote (25890)4/21/2021 5:09:11 PM
From: slacker7112 Recommendations  Read Replies (1) of 26564
 
It is just a ballpark figure.

The inventory is held at cost so it represents roughly 20% of the potential sales revenue. $450m in material revenues is about half the consensus revs over the next 18 months. UDC should certainly have no problems holding off an raw material purchases for a few months if they know this is a short-term issue.

Surprisingly, the price of iridium isn't mentioned as a risk factor in their 10k. Maybe they have long-term contracts in place?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext