Option Care Health (Option Care Health) Days Inventory : 25.94 (As of Mar. 2024)

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What is Option Care Health Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Option Care Health's Average Total Inventories for the three months ended in Mar. 2024 was $258 Mil. Option Care Health's Cost of Goods Sold for the three months ended in Mar. 2024 was $908 Mil. Hence, Option Care Health's Days Inventory for the three months ended in Mar. 2024 was 25.94.

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

OPCH' s Days Inventory Range Over the Past 10 Years
Min: 7.78 Med: 21.38 Max: 27.38
Current: 27.15

During the past 13 years, Option Care Health's highest Days Inventory was 27.38. The lowest was 7.78. And the median was 21.38.

OPCH's Days Inventory is ranked better than
57.02% of 470 companies
in the Healthcare Providers & Services industry
Industry Median: 32.305 vs OPCH: 27.15

Option Care Health's Days Inventory declined from Mar. 2023 (27.48) to Mar. 2024 (25.94).

Inventory Turnover measures how fast the company turns over its inventory within a year. Option Care Health's Inventory Turnover for the three months ended in Mar. 2024 was 3.52.

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. Option Care Health's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.23.

Option Care Health Days Inventory Historical Data

The historical data trend for Option Care 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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Option Care Health Days Inventory Chart

Option Care Health Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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14.48

21.31

23.45

24.16

27.38

Option Care Health Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															27.48	28.58	27.98	27.32	25.94

Competitive Comparison of Option Care Health's Days Inventory

For the Medical Care Facilities subindustry, Option Care 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.

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

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

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

Option Care Health Days Inventory Calculation

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

Option Care Health'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
=	( (224.281	+	274.004)	/	2 )	/	3321.101	*	365
=	249.1425					/	3321.101	*	365
=	27.38

Option Care Health's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (274.004	+	241.948)	/	2 )	/	907.552	*	365 / 4
=	257.976					/	907.552	*	365 / 4
=	25.94

Option Care Health (NAS:OPCH) 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.

Option Care Health's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	907.552	/	257.976
	=	3.52

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.

Option Care Health's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	257.976	/	1146.052
	=	0.23

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.

Option Care Health Days Inventory Related Terms

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

Option Care Health (Option Care Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Option Care Health Inc (NAS:OPCH) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

MM6A:Germany

Address

3000 Lakeside Drive, Suite 300N, Bannockburn, IL, USA, 60015

Website

https://www.optioncarehealth.com

Option Care Health Inc is the provider of home and alternate-site infusion services. It provides treatment for bleeding disorders, neurological disorders, heart failure, anti-infectives, and chronic inflammatory disorders among others.

Executives

Elizabeth D Bierbower	director	HUMANA INC., 500 W. MAIN ST., LOUISVILLE KY 40202
R Carter Pate	director	5739 WORTHAM LANE, DALLAS TX 75252
Smyser Collin	officer: Gen. Counsel & Corp. Secy.	C/O OPTION CARE HEALTH, 3000 LAKESIDE DR. SUITE 300N, BANNOCKBURN IL 60015
Kraemer Harry M Jansen Jr	director	DENTSPLY SIRONA INC., 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Michael Bavaro	officer: Chief Human Resources Officer	3000 LAKESIDE DRIVE, SUITE 300N, BANNOCKBURN IL 60015
Luke Whitworth	officer: Chief Operating Officer	3000 LAKESIDE DRIVE, SUITE 300N, BANNOCKBURN IL 60015
Walgreens Boots Alliance, Inc.	10 percent owner	108 WILMOT ROAD, DEERFIELD IL 60015
Hc Group Holdings I, Llc	10 percent owner	THREE FIRST NATIONAL PLAZA, SUITE 4600, CHICAGO IL 60602
Wba Investments, Inc.	10 percent owner	108 WILMOT ROAD, DEERFIELD IL 60015
Och Us Holding Llc	10 percent owner	200 WILMOT ROAD, DEERFIELD IL 60015
Wba Us 1 Co.	10 percent owner	180 WILMOT ROAD, DEERFIELD IL 60015
Harriet Booker	officer: CHIEF OPERATING OFFICER	C/O BIOSCRIP, INC., 1600 BROADWAY, SUITE 700, DENVER CO 80202
Natasha Deckmann	director	7114 EAST STETSON DRIVE, SUITE 400, SCOTTSDALE AZ 85251
Anita M. Allemand	director	3000 LAKESIDE DRIVE, SUITE 300N, BANNOCKBURN IL 60015
Aaron Friedman	director	3000 LAKESIDE DRIVE, SUITE 300N, BANNOCKBURN IL 60015