GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » HCA Healthcare Inc (NYSE:HCA) » Definitions » Days Inventory

HCA Healthcare (HCA Healthcare) Days Inventory

: 71.53 (As of Dec. 2023)
View and export this data going back to 2011. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). HCA Healthcare's Average Total Inventories for the three months ended in Dec. 2023 was $2,026 Mil. HCA Healthcare's Cost of Goods Sold for the three months ended in Dec. 2023 was $2,584 Mil. Hence, HCA Healthcare's Days Inventory for the three months ended in Dec. 2023 was 71.53.

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

HCA' s Days Inventory Range Over the Past 10 Years
Min: 71.64   Med: 77.14   Max: 84.48
Current: 75.6

During the past 13 years, HCA Healthcare's highest Days Inventory was 84.48. The lowest was 71.64. And the median was 77.14.

HCA's Days Inventory is ranked worse than
75.69% of 469 companies
in the Healthcare Providers & Services industry
Industry Median: 32.22 vs HCA: 75.60

HCA Healthcare's Days Inventory declined from Dec. 2022 (76.58) to Dec. 2023 (71.53).

Inventory Turnover measures how fast the company turns over its inventory within a year. HCA Healthcare's Inventory Turnover for the three months ended in Dec. 2023 was 1.28.

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. HCA Healthcare's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.12.


HCA Healthcare Days Inventory Historical Data

The historical data trend for HCA 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.

* Premium members only.

HCA Healthcare Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 77.06 84.48 77.21 78.95 75.36

HCA Healthcare Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 76.58 78.20 76.13 77.02 71.53

Competitive Comparison

For the Medical Care Facilities subindustry, HCA 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.


HCA Healthcare Days Inventory Distribution

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

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



HCA Healthcare Days Inventory Calculation

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

HCA Healthcare's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (2068 + 2021) / 2 ) / 9902*365
=2044.5 / 9902*365
=75.36

HCA Healthcare's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (2030 + 2021) / 2 ) / 2584*365 / 4
=2025.5 / 2584*365 / 4
=71.53

* 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.


HCA Healthcare  (NYSE:HCA) 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.

HCA Healthcare's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

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.

HCA Healthcare's Inventory to Revenue for the three months 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.


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.


HCA Healthcare Days Inventory Related Terms

Thank you for viewing the detailed overview of HCA Healthcare's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


HCA Healthcare (HCA Healthcare) Business Description

Traded in Other Exchanges
Address
One Park Plaza, Nashville, TN, USA, 37203
HCA Healthcare is a Nashville-based healthcare provider organization operating the largest collection of acute-care hospitals in the United States. As of December 2022, the firm owned and operated 182 hospitals, 126 freestanding outpatient surgery centers, and a broad network of physician offices, urgent-care clinics, and freestanding emergency rooms across 20 states and a small foothold in England.
Executives
Kathryn A. Torres officer: SVP- Employer&Payer Engagement ONE PARK PLAZA, NASHVILLE TN 37203
Jeffrey E. Cohen officer: SVP-Government Relations ONE PARK PLAZA, NASHVILLE TN 37203
Kathleen M Whalen officer: SVP & Chief Ethics Officer ONE PARK PLAZA, NASHVILLE TN 37203
Michael S. Cuffe officer: President-Physician Services ONE PARK PLAZA, NASHVILLE TN 37203
Erol R Akdamar officer: Group President ONE PARK PLAZA, NASHVILLE TN 37203
P. Martin Paslick officer: SVP and CIO ONE PARK PLAZA, NASHVILLE TN 37203
Jennifer Berres officer: SVP & Chief Human Res. Officer ONE PARK PLAZA, NASHVILLE TN 37203
Bill B Rutherford officer: CFO - Eastern Group ONE PARK PLAZA, NASHVILLE TN 37203
Deborah M Reiner officer: SVP - Mktg. & Communications ONE PARK PLAZA, NASHVILLE TN 37048
Jon M Foster officer: Group President ONE PARK PLAZA, NASHVILLE TN 37203
Christopher F. Wyatt officer: SVP & Controller ONE PARK PLAZA, NASHVILLE TN 37203
Timothy M Mcmanus officer: Group President ONE PARK PLAZA, NASHVILLE TN 37203
Richard A Hammett officer: Group President ONE PARK PLAZA, NASHVILLE TN 37203
Mike A Marks officer: SVP-Finance ONE PARK PLAZA, NASHVILLE TN 37203
Moore A Bruce Jr officer: SVP-Operations Administration ONE PARK PLAZA, NASHVILLE TN 37203

HCA Healthcare (HCA Healthcare) Headlines