Days Inventory is also known as Days Sales of Inventory (DSI). UnitedHealth Group's Average Total Inventories for the
three
months ended in Mar. 2024 was $0 Mil. UnitedHealth Group's Cost of Goods Sold for the
three
months ended in Mar. 2024 was $76,791 Mil.
Hence, UnitedHealth Group's Days Inventory for the
three
months ended in Mar. 2024 was 0.00.
The historical rank and industry rank for UnitedHealth Group's Days Inventory or its related term are showing as below:
UNH's Days Inventory is not ranked *
in the Healthcare Plans industry.
Industry Median: 29.02 * Ranked among companies with meaningful Days Inventory only.
UnitedHealth Group's Days Inventory
stayed the same
from Mar. 2023 (0.00) to Mar. 2024 (0.00).
Inventory Turnover measures how fast the company turns over its inventory within a year.
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.
UnitedHealth Group's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.00.
UnitedHealth Group Days Inventory Historical Data
The historical data trend for UnitedHealth 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.
For the Healthcare Plans subindustry, UnitedHealth 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.
UnitedHealth Group Days Inventory Distribution
For the Healthcare Plans industry and Healthcare sector, UnitedHealth Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where UnitedHealth Group's Days Inventory falls into.
UnitedHealth Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
UnitedHealth Group'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.
UnitedHealth Group (NYSE:UNH) 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.
UnitedHealth Group's Inventory Turnover for the
three
months ended in Mar. 2024 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.
UnitedHealth Group's Inventory to Revenue for the
three
months ended in Mar. 2024 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.
UnitedHealth Group Days Inventory Related Terms
Thank you for viewing the detailed overview of UnitedHealth Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
UnitedHealth Group (UnitedHealth Group) Business Description
UnitedHealth Group is one of the largest private health insurers, providing medical benefits to about 53 million members globally, including 5 million outside the U.S. as of mid-2023. As a leader in employer-sponsored, self-directed, and government-backed insurance plans, UnitedHealth has obtained massive scale in managed care. Along with its insurance assets, UnitedHealth's continued investments in its Optum franchises have created a healthcare services colossus that spans everything from medical and pharmaceutical benefits to providing outpatient care and analytics to both affiliated and third-party customers.
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