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Healthcare Services Group Days Inventory

: 5.82 (As of Jun. 2022)
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Days Inventory is also known as Days Sales of Inventory (DSI). Healthcare Services Group's Average Total Inventories for the three months ended in Jun. 2022 was $24 Mil. Healthcare Services Group's Cost of Goods Sold for the three months ended in Jun. 2022 was $379 Mil. Hence, Healthcare Services Group's Days Inventory for the three months ended in Jun. 2022 was 5.82.

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

HCSG' s Days Inventory Range Over the Past 10 Years
Min: 6.3   Med: 9.6   Max: 11.21
Current: 6.3

During the past 13 years, Healthcare Services Group's highest Days Inventory was 11.21. The lowest was 6.30. And the median was 9.60.

HCSG's Days Inventory is ranked better than
88.08% of 453 companies
in the Healthcare Providers & Services industry
Industry Median: 30.63 vs HCSG: 6.30

Healthcare Services Group's Days Inventory declined from Jun. 2021 (7.75) to Jun. 2022 (5.82).

Inventory Turnover measures how fast the company turns over its inventory within a year. Healthcare Services Group's Inventory Turnover for the three months ended in Jun. 2022 was 15.69.

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. Healthcare Services Group's Inventory-to-Revenue for the three months ended in Jun. 2022 was 0.06.


Healthcare Services Group Days Inventory Historical Data

The historical data trend for Healthcare Services Group'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.

Healthcare Services Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.09 8.65 8.82 8.33 7.43

Healthcare Services Group Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 7.75 6.84 6.38 6.21 5.82

Competitive Comparison

For the Medical Care Facilities subindustry, Healthcare Services Group'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.

   

Healthcare Services Group Days Inventory Distribution

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

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



Healthcare Services Group Days Inventory Calculation

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

Healthcare Services Group's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (31.586 + 26.015) / 2 ) / 1415.082*365
=28.8005 / 1415.082*365
=7.43

Healthcare Services Group's Days Inventory for the quarter that ended in Jun. 2022 is calculated as:

Days Inventory (Q: Jun. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2022 ) + Total Inventories (Q: Jun. 2022 )) / count ) / Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=( (24.82 + 23.535) / 2 ) / 379.37*365 / 4
=24.1775 / 379.37*365 / 4
=5.82

* 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.


Healthcare Services Group  (NAS:HCSG) 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.

Healthcare Services Group's Inventory Turnover for the three months ended in Jun. 2022 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.

Healthcare Services Group's Inventory to Revenue for the three months ended in Jun. 2022 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.


Healthcare Services Group Days Inventory Related Terms

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


Healthcare Services Group Business Description

Healthcare Services Group logo
Traded in Other Exchanges
Address
3220 Tillman Drive, Suite 300, Bensalem, PA, USA, 19020
Healthcare Services Group Inc is a provider of housekeeping and facility-management services to the healthcare industry. The company operates two business segments, both contributing roughly equally to the company's revenue: Housekeeping, laundry, linen, and other services; and Dietary department services. Housekeeping includes management of clients' housekeeping departments, cleaning, disinfecting and sanitizing, laundry, and bed linen and uniform services. Dietary consists of food purchasing, meal preparation, and providing dietitian consulting services. Its clients are primarily nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States of America.
Executives
Simmons Kurt Jr director 3220 TILLMAN DRIVE BENSALEM PA 19020
Brophy Andrew M officer: Acting Accounting Officer 3220 TILLMAN DRIVE SUITE 300 BENSALEM PA 19020
Orr Patrick J officer: EVP & Chief Revenue Officer 3220 TILLMAN DRIVE SUITE 300 BENSALEM PA 19020
Grant Laura K director 3220 TILLMAN DRIVE BENSALEM PA 19020
Castagnino Daniela director 3220 TILLMAN DRIVE, SUITE 300 BENSALEM PA 19020
Kush Andrew officer: Executive Vice President 3220 TILLMAN DRIVE SUITE 300 BENSALEM PA 19020
Hurlock David officer: Executive Vice President & COO 3220 TILLMAN DRIVE SUITE 300 BENSALEM PA 19020
Visconto Jude director 3220 TILLMAN DRIVE SUITE 300 BENSALEM PA 19020
Bundick Jason J officer: General Counsel & Secretary 3220 TILLMAN DRIVE SUITE 300 BENSALEM PA 19020
Mcfadden John J Jr director 19 PURDUE DRIVE RICHBORO PA 18954
Ottaviano Dino D director 3220 TILLMAN DRIVE SUITE 300 BENSALEM PA 19020
Casey Diane S director 3220 TILLMAN DRIVE SUITE 300 BENSALEM PA 19020
Frome Robert L director 3220 TILLMAN DRIVE SUITE 300 BENSALEM PA 19020
Briggs John director 3220 TILLMAN DRIVE SUITE 300 BENSALEM PA 19020
Moss Robert J director 3220 TILLMAN DRIVE SUITE 300 BENSALEM PA 19020

Healthcare Services Group Headlines

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