LifePoint Health (LifePoint Health) Days Inventory : 13.81 (As of Sep. 2018)

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What is LifePoint Health Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). LifePoint Health's Average Total Inventories for the three months ended in Sep. 2018 was $154 Mil. LifePoint Health's Cost of Goods Sold for the three months ended in Sep. 2018 was $1,016 Mil. Hence, LifePoint Health's Days Inventory for the three months ended in Sep. 2018 was 13.81.

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

LPNT's Days Inventory is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 32.305
* Ranked among companies with meaningful Days Inventory only.

LifePoint Health's Days Inventory declined from Sep. 2017 (13.91) to Sep. 2018 (13.81).

Inventory Turnover measures how fast the company turns over its inventory within a year. LifePoint Health's Inventory Turnover for the three months ended in Sep. 2018 was 6.61.

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. LifePoint Health's Inventory-to-Revenue for the three months ended in Sep. 2018 was 0.10.

LifePoint Health Days Inventory Historical Data

The historical data trend for LifePoint Health'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.

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LifePoint Health Days Inventory Chart

LifePoint Health Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Days Inventory

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15.76

13.99

13.38

12.51

13.64

LifePoint Health Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Days Inventory	Get a 7-Day Free Trial															13.91	13.79	13.51	13.94	13.81

Competitive Comparison of LifePoint Health's Days Inventory

For the Medical Care Facilities subindustry, LifePoint Health'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.

LifePoint Health's Days Inventory Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where LifePoint Health's Days Inventory falls into.

LifePoint Health Days Inventory Calculation

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

LifePoint Health's Days Inventory for the fiscal year that ended in Dec. 2017 is calculated as

	Days Inventory (A: Dec. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2016 )	+	Total Inventories (A: Dec. 2017 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2017 )	*	Days in Period
=	( (154.3	+	153.1)	/	2 )	/	4112.5	*	365
=	153.7					/	4112.5	*	365
=	13.64

LifePoint Health's Days Inventory for the quarter that ended in Sep. 2018 is calculated as:

	Days Inventory (Q: Sep. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2018 )	+	Total Inventories (Q: Sep. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2018 )	*	Days in Period
=	( (152.9	+	154.6)	/	2 )	/	1015.8	*	365 / 4
=	153.75					/	1015.8	*	365 / 4
=	13.81

LifePoint Health (NAS:LPNT) 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.

LifePoint Health's Inventory Turnover for the three months ended in Sep. 2018 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1015.8	/	153.75
	=	6.61

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.

LifePoint Health's Inventory to Revenue for the three months ended in Sep. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	153.75	/	1557
	=	0.10

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.

LifePoint Health Days Inventory Related Terms

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

LifePoint Health (LifePoint Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » LifePoint Health Inc (NAS:LPNT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.lifepointhealth.net

LifePoint Health owns and operates community hospitals, regional health systems, physician practices, outpatient centers, and post-acute facilities in the United States. The firm primarily generates revenue through hospital services offered at its facilities. These services include general surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, rehabilitation services, and pediatric services. LifePoint receives the majority of its revenue from health maintenance organizations (HMOs), preferred provider organizations (PPOs), and other private insurers. It receives the next largest proportion of revenue from Medicare and Medicaid.

Executives

Kermit R Crawford	director	200 WILMOT ROAD, DEERFIELD IL 60015
Jana R Schreuder	director	50 S LA SALLE ST, CHICAGO IL 60675
Reed Vaughn Tuckson	director	C/O UNITEDHEALTH GROUP INCORPORATED, 9900 BREN ROAD EAST, MINNETONKA MN 55123
Michael P Haley	director	200 NORTH HAMILTON STREET, NO. 200, HIGH POINT NC 27260
Marguerite Sallee	director	C/O BRIGHT HORIZONS FAMILY SOLUTIONS INC, 200 TALCOTT AVENUE SOUTH, WATERTOWN MA 02472
Carpenter William F Iii	director, officer: Chairman and CEO	C/O FB FINANCIAL CORP, 211 COMMERCE STREET, SUITE 300, NASHVILLE TN 37201
Maupin John E Jr D D S	director	103 POWELL COURT SUITE 200, BRENTWOOD TN 37027
Paul D Gilbert	officer: EVP, Chief Legal Officer	103 POWELL COURT, SUITE 200, BRENTWOOD TN 37027
Gregory T. Bier	director	CINCINNATI FINANCIAL CORPORATION, P.O. BOX 145496, CINCINNATI OH 45250-5496
Marilyn B Tavenner	director	13600 BUTLERS ROAD, AMELIA COURT HOUSE VA 23002
Jeffrey Scott Sherman	officer: EVP and CFO	103 POWELL COURT, SUITE 200, BRENTWOOD TN 37027
Gary D Willis	officer: SVP,Chief Accounting Officer	3854 AMERICAN WAY, SUITE A, BATON ROUGE LA 70816