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Community Health Systems Days Inventory

: 18.55 (As of Jun. 2020)
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Community Health Systems's Total Inventories for the three months ended in Jun. 2020 was $346 Mil. Community Health Systems's Cost of Goods Sold for the three months ended in Jun. 2020 was $1,700 Mil. Hence, Community Health Systems's Days Inventory for the three months ended in Jun. 2020 was 18.55.

NYSE:CYH' s Days Inventory Range Over the Past 10 Years
Min: 14.75   Med: 16.74   Max: 17.67
Current: 17.33

14.75
17.67

During the past 13 years, Community Health Systems's highest Days Inventory was 17.67. The lowest was 14.75. And the median was 16.74.

NYSE:CYH's Days Inventory is ranked higher than
65% of the 381 Companies
in the Healthcare Providers & Services industry.

( Industry Median: 32.57 vs. NYSE:CYH: 17.33 )

Community Health Systems's Days Inventory increased from Jun. 2019 (17.44) to Jun. 2020 (18.55). It might indicate that Community Health Systems's sales slowed down.

Total Inventories can be measured by Days Sales of Inventory (DSI).

Inventory Turnover measures how fast the company turns over its inventory within a year. Community Health Systems's Inventory Turnover for the three months ended in Jun. 2020 was 4.92.

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. Community Health Systems's Inventory-to-Revenue for the three months ended in Jun. 2020 was 0.14.


Community Health Systems Days Inventory Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Community Health Systems Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.24 16.63 16.78 17.67 17.04

Community Health Systems Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 17.44 17.24 16.86 16.95 18.55

Competitive Comparison
* 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.


Community Health Systems Days Inventory Distribution

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



Community Health Systems Days Inventory Calculation

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

Community Health Systems's Days Inventory for the fiscal year that ended in Dec. 2019 is calculated as

Days Inventory (A: Dec. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2018 ) + Total Inventories (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (402 + 354) / 2 ) / 8098*365
=378 / 8098*365
=17.04

Community Health Systems's Days Inventory for the quarter that ended in Jun. 2020 is calculated as:

Days Inventory (Q: Jun. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2020 ) + Total Inventories (Q: Jun. 2020 )) / count ) / Cost of Goods Sold (Q: Jun. 2020 )*Days in Period
=( (354 + 337) / 2 ) / 1700*365 / 4
=345.5 / 1700*365 / 4
=18.55

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Community Health Systems  (NYSE:CYH) Days Inventory Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Total Inventories can be measured by Days Sales of Inventory (DSI).

Community Health Systems's Days Sales of Inventory for the three months ended in Jun. 2020 is calculated as

Days Sales of Inventory (DSI)=Total Inventories/Revenue*Days in Period
=345.5/2519*365 / 4
=12.52

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

Community Health Systems's Inventory Turnover for the three months ended in Jun. 2020 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.

Community Health Systems's Inventory to Revenue for the three months ended in Jun. 2020 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.


Community Health Systems Days Inventory Related Terms


Community Health Systems Days Inventory Headlines

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