Universal Apparel & Textile(OTC) DKGR

Universal Apparel & Textile Company, based in Aurora, Illinois, is a wholesale distributor of clothing and textile merchandise. Established in 1981, the company supplies a diverse range of casual and athletic wear across North America and Europe.

Products and Services

• Wholesale distribution of casual and athletic wear
• Variety of products including tops, bottoms, T-shirts, and fleece
• Serves specialty retailers, private label clients, and hospitality establishments

Growth Outlook

• Revenue increased to 761,328 in Q2 2019, up from 587,716 in Q1 2019
• Gross profit margin improved to 2.7% in Q2 2019 from -2.9% in Q4 2018
• Inventory turnover ratio stands at 102.58, indicating efficient inventory management

Financial Highlights

• Net income of 17,749 reported in Q2 2019, a significant improvement
• Current ratio of 1.31 suggests good short-term financial health
• Operating cash flow of 18,534 in Q1 2019 indicates positive cash generation

Universal Apparel & Textile Company has shown promising growth in recent quarters, with a notable increase in revenue and improvements in gross profit margins. The company's ability to manage inventory effectively is reflected in its high turnover ratio, which is a positive indicator for operational efficiency. The financial health appears stable, supported by a solid current ratio and positive cash flow from operations. These factors may present an attractive opportunity for potential investors looking to engage with a company in the apparel manufacturing sector.