Envision Healthcare (Envision Healthcare) Days Inventory : 1.31 (As of Jun. 2018)

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What is Envision Healthcare Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Envision Healthcare's Average Total Inventories for the three months ended in Jun. 2018 was $22 Mil. Envision Healthcare's Cost of Goods Sold for the three months ended in Jun. 2018 was $1,540 Mil. Hence, Envision Healthcare's Days Inventory for the three months ended in Jun. 2018 was 1.31.

The historical rank and industry rank for Envision Healthcare's Days Inventory or its related term are showing as below:

EVHC's Days Inventory is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 32.305
* Ranked among companies with meaningful Days Inventory only.

Envision Healthcare's Days Inventory declined from Jun. 2017 (1.47) to Jun. 2018 (1.31).

Inventory Turnover measures how fast the company turns over its inventory within a year. Envision Healthcare's Inventory Turnover for the three months ended in Jun. 2018 was 69.69.

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. Envision Healthcare's Inventory-to-Revenue for the three months ended in Jun. 2018 was 0.01.

Envision Healthcare Days Inventory Historical Data

The historical data trend for Envision Healthcare's Days 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.

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Envision Healthcare Days Inventory Chart

Envision Healthcare Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Days Inventory

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13.98

8.11

4.94

3.62

1.44

Envision Healthcare Quarterly Data
	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18
Days Inventory	Get a 7-Day Free Trial															1.47	1.42	1.34	1.28	1.31

Competitive Comparison of Envision Healthcare's Days Inventory

For the Medical Care Facilities subindustry, Envision Healthcare's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Envision Healthcare's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Envision Healthcare's Days Inventory distribution charts can be found below:

* The bar in red indicates where Envision Healthcare's Days Inventory falls into.

Envision Healthcare Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Envision Healthcare's Days Inventory for the fiscal year that ended in Dec. 2017 is calculated as

	Days Inventory (A: Dec. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2016 )	+	Total Inventories (A: Dec. 2017 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2017 )	*	Days in Period
=	( (23.4	+	22.7)	/	2 )	/	5850.1	*	365
=	23.05					/	5850.1	*	365
=	1.44

Envision Healthcare's Days Inventory for the quarter that ended in Jun. 2018 is calculated as:

	Days Inventory (Q: Jun. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2018 )	+	Total Inventories (Q: Jun. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2018 )	*	Days in Period
=	( (22.1	+	22.1)	/	2 )	/	1540.1	*	365 / 4
=	22.1					/	1540.1	*	365 / 4
=	1.31

Envision Healthcare (NYSE:EVHC) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Envision Healthcare's Inventory Turnover for the three months ended in Jun. 2018 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1540.1	/	22.1
	=	69.69

2. 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.

Envision Healthcare's Inventory to Revenue for the three months ended in Jun. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	22.1	/	2072.8
	=	0.01

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Envision Healthcare Days Inventory Related Terms

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Envision Healthcare (Envision Healthcare) Business Description

Industry

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Address

Website

https://www.evhc.net

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