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Cerner (Cerner) Total Inventories : $28 Mil (As of Mar. 2022)


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What is Cerner Total Inventories?

Cerner's total inventories for the quarter that ended in Mar. 2022 was $28 Mil. Cerner's average total inventories from the quarter that ended in Dec. 2021 to the quarter that ended in Mar. 2022 was $28 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Cerner's Net-Net Working Capital per share for the quarter that ended in Mar. 2022 was $-5.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cerner's Days Inventory for the three months ended in Mar. 2022 was 10.45.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cerner's Inventory Turnover for the quarter that ended in Mar. 2022 was 8.73.

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. Cerner's Inventory-to-Revenue for the quarter that ended in Mar. 2022 was 0.02.


Cerner Total Inventories Historical Data

The historical data trend for Cerner's Total Inventories 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.

* Premium members only.

Cerner Total Inventories Chart

Cerner Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.75 25.03 23.18 23.03 28.16

Cerner Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.44 20.17 25.39 28.16 27.70

Cerner Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Cerner  (NAS:CERN) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Cerner's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2022 is

Net-Net Working Capital Per Share (Q: Mar. 2022 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(880.712+0.75 * 1178.037+0.5 * 27.704-3465.712
-0-0)/293.975
=-5.74

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

Cerner's Days Inventory for the three months ended in Mar. 2022 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2022 )/Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=27.9315/243.848*365 / 4
=10.45

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

Cerner's Inventory Turnover for the quarter that ended in Mar. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2022 ) / Average Total Inventories (Q: Mar. 2022 )
=243.848 / 27.9315
=8.73

4. 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.

Cerner's Inventory to Revenue for the quarter that ended in Mar. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2022 ) / Revenue (Q: Mar. 2022 )
=27.9315 / 1429.801
=0.02

* 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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Cerner Total Inventories Related Terms

Thank you for viewing the detailed overview of Cerner's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Cerner (Cerner) Business Description

Traded in Other Exchanges
N/A
Address
2800 Rock creek Parkway, North Kansas City, MO, USA, 64117
Cerner is a leading supplier of healthcare information technology solutions and tech-enabled services. The company is a long-standing market leader in the electronic health record industry, and along with rival Epic Systems corners a majority of the market for acute care EHR within health systems. The company is guided by the mission of the founding partners to provide seamless medical records across all healthcare providers to improve outcomes. Beyond medical records, the company offers a wide range of technology that supports the clinical, financial, and operational needs of healthcare facilities.
Executives
Michael R. Battaglioli officer: VP & Chief Accounting Officer 2800 ROCKCREEK PARKWAY NORTH KANSAS CITY MO 64117
Tracy L Platt officer: Chief Human Resources Officer 2800 ROCKCREEK PARKWAY NORTH KANSAS CITY MO 64117
Nasim Afsarmanesh officer: EVP & Chief Health Officer 2800 ROCK CREEK PARKWAY NORTH KANSAS CITY MO 64117
David T Feinberg director, officer: President and CEO 1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Daniel Devers officer: EVP & Chief Legal Officer 2800 ROCKCREEK PARKWAY NORTH KANSAS CITY MO 64117
Mark J Erceg officer: Exec. VP & CFO 248 E. SKYLINE DRIVE, WASHINGTON UT 84780
William D Zollars director 10777 BARKLEY, PO BOX 7563, OVERLAND PARK KS 66207-0563
Travis Dalton officer: EVP & Chief Client & Serv. Off 2800 ROCKCREEK PARKWAY NORTH KANSAS CITY MO 64117
John Peterzalek other: President, Cerner South East
Elder Granger director 5176 S. LEWISTON WAY, CENTENNIAL CO 80015
George Andrew Riedel director C/O NORTEL NETWORKS CORPORATION, 8200 DIXIE ROAD, SUITE 100, BRAMPTON A6 L6T 5P6
Bisbee Gerald E Jr director C/O CERNER CORP 2800 ROCKCREEK PARKWAY KANSAS CITY MO 64117-2551
Linda M Dillman director 5221 PRESTWICK NORTH CIRCLE FAYETTEVILLE AR 72704
David Brent Shafer director 2800 ROCKCREEK PARKWAY, NORTH KANSAS CITY MO 64117
Donald Trigg officer: SVP 2800 ROCKCREEK PARKWAY NORTH KANSAS CITY MO 64117

Cerner (Cerner) Headlines

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