WellCare Health Plans's total inventories for the quarter that ended in Sep. 2019 was $0 Mil. WellCare Health Plans's average total inventories from the quarter that ended in Jun. 2019 to the quarter that ended in Sep. 2019 was $0 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. WellCare Health Plans's Net-Net Working Capital per share for the quarter that ended in Sep. 2019 was $-73.96.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
WellCare Health Plans's Days Inventory for the
three
months ended in Sep. 2019 was 0.00.
Inventory Turnover measures how fast the company turns over its inventory within a year.
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.
WellCare Health Plans's Inventory-to-Revenue for the quarter that ended in Sep. 2019 was 0.00.
WellCare Health Plans Total Inventories Historical Data
The historical data trend for WellCare Health Plans'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.
WellCare Health Plans 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.
WellCare Health Plans (NYSE:WCG) 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.
WellCare Health Plans's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2019 is
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.
WellCare Health Plans's Inventory to Revenue for the quarter that ended in Sep. 2019 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.
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.
WellCare Health Plans Total Inventories Related Terms
Thank you for viewing the detailed overview of WellCare Health Plans's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
WellCare Health Plans (WellCare Health Plans) Business Description
WellCare Health Plans Inc is a managed care organization focused on government-sponsored managed care services, including Medicare and Medicaid. WellCare's membership is concentrated in Florida, Georgia, Kentucky, New York, and Illinois. Its key segments are Medicaid health plans, Medicare health plans, and Medicare prescription drug plans. Medicaid health plans represent the largest proportion of both total membership and premium revenue. The Medicaid segment generates revenue from the premiums received from the states in which health plans are offered, based on a fixed per-member per-month amount. WellCare also provides Medicare Part C and Part D benefits through its Medicare Advantage plans.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
WCG has been successfully added to your 