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Cardinal Health (BSP:C1AH34) Change In Inventory : R$-5,919 Mil (TTM As of Dec. 2023)


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What is Cardinal Health Change In Inventory?

Cardinal Health's change in inventory for the quarter that ended in Dec. 2023 was R$-7,247 Mil. It means Cardinal Health's inventory increased by R$7,247 Mil from Sep. 2023 to Dec. 2023 .

Cardinal Health's change in inventory for the fiscal year that ended in Jun. 2023 was R$-1,650 Mil. It means Cardinal Health's inventory increased by R$1,650 Mil from Jun. 2022 to Jun. 2023 .

Cardinal Health's Total Inventories for the quarter that ended in Dec. 2023 was R$90,406 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cardinal Health's Days Inventory for the quarter that ended in Dec. 2023 was 29.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cardinal Health's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.13.

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. Cardinal Health's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.31.


Cardinal Health Change In Inventory Historical Data

The historical data trend for Cardinal Health'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.

* Premium members only.

Cardinal Health Change In Inventory Chart

Cardinal Health Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,124.49 -2,122.06 -7,965.14 -5,406.09 -1,650.26

Cardinal Health Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In Inventory 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 -7,233.41 3,286.63 3,261.69 -5,220.21 -7,246.80

Cardinal Health Change In Inventory Calculation

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 R$-5,919 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.


Cardinal Health  (BSP:C1AH34) Change In Inventory Explanation

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

Cardinal Health's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=87149.9535/272423.98*365 / 4
=29.19

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

Cardinal Health's Inventory Turnover for the quarter that ended in Dec. 2023 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.

Cardinal Health's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=87149.9535 / 281469.011
=0.31

* 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.


Cardinal Health Change In Inventory Related Terms

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Cardinal Health (BSP:C1AH34) Business Description

Address
7000 Cardinal Place, Dublin, OH, USA, 43017
Cardinal Health is one of three leading pharmaceutical wholesalers in the U.S., engaged in sourcing and distributing of branded, generic, and specialty pharmaceutical products to pharmacies (retail chains, independent, and mail order), hospitals networks, and healthcare providers. Along with Cencora and McKesson, the three comprise well over 90% of the U.S. pharmaceutical wholesale industry. Cardinal Health also supplies medical-surgical products and equipment to healthcare facilities in North America, Europe, and Asia.

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