The historical rank and industry rank for Surgery Partners's Days Inventory or its related term are showing as below:
SGRY'
s Days Inventory Range Over the Past 10 Years
Min: 11.63 Med: 12.37 Max: 20.29
Current: 12.47
During the past 12 years, Surgery Partners's highest Days Inventory was 20.29. The lowest was 11.63. And the median was 12.37.
SGRY's Days Inventory is ranked better than 78.09% of 470
companies
in the Healthcare Providers & Services industry
Industry Median: 32.305
vs SGRY: 12.47
Surgery Partners's Days Inventory
declined
from Dec. 2022 (12.22) to Dec. 2023 (12.18).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Surgery Partners's Inventory Turnover for the
three
months ended in Dec. 2023 was 7.49.
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.
Surgery Partners's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.10.
Surgery Partners Days Inventory Historical Data
The historical data trend for Surgery Partners'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.
Competitive Comparison of Surgery Partners's Days Inventory
For the Medical Care Facilities subindustry, Surgery Partners'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.
Surgery Partners's Days Inventory Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Surgery Partners's Days Inventory distribution charts can be found below:
* The bar in red indicates where Surgery Partners's Days Inventory falls into.
Surgery Partners Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Surgery Partners's Days Inventory for the fiscal year that 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.
Surgery Partners (NAS:SGRY) 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.
Surgery Partners'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.
Surgery Partners'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.
Surgery Partners Days Inventory Related Terms
Thank you for viewing the detailed overview of Surgery Partners's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Surgery Partners (Surgery Partners) Business Description
Surgery Partners Inc is one of the few remaining independent ambulatory surgery center operators in the U.S. with national scale. The firm operates surgical facilities in approximately 30 states in partnership with physician groups and larger local healthcare systems. While surgical procedures drive a majority of the firm's revenue, the company also operates a clinical lab, urgent care facilities, and a handful of physician practices to provide additional healthcare services within the communities it serves. It operates in two segments: Surgical Facility Services and Ancillary Services out of which the Surgical Facility Services segment accounts for the majority of revenue.
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