Quest Diagnostics's change in inventory for the quarter that ended in Dec. 2023 was $0 Mil. It means Quest Diagnostics's inventory
stayed the same
from Sep. 2023 to Dec. 2023 .
Quest Diagnostics's change in inventory for the fiscal year that ended in Dec. 2023 was $0 Mil. It means Quest Diagnostics's inventory
stayed the same
from Dec. 2022 to Dec. 2023 .
Quest Diagnostics's Total Inventories for the quarter that ended in Dec. 2023 was $190 Mil.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Quest Diagnostics's Days Inventory for the quarter that ended in Dec. 2023 was 10.99.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Quest Diagnostics's Inventory Turnover for the quarter that ended in Dec. 2023 was 8.30.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Quest Diagnostics's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.08.
Quest Diagnostics Change In Inventory Historical Data
The historical data trend for Quest Diagnostics's Change In Inventory can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.
Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Quest Diagnostics (NYSE:DGX) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Quest Diagnostics's Days Inventory for the quarter that ended in is calculated as:
3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Quest Diagnostics's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Quest Diagnostics Change In Inventory Related Terms
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Quest Diagnostics (Quest Diagnostics) Business Description
Quest Diagnostics is a leading independent provider of diagnostic testing, information, and services in the U.S. The company generates over 95% of its revenue through clinical testing, anatomic pathology, esoteric testing, and substance abuse testing with specimens collected at its national network of roughly 2,300 patient service centers, as well as multiple doctors offices and hospitals. The firm also runs a much smaller diagnostic solutions segment that provides clinical trials testing, risk assessment services, and information technology solutions.
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