Cerner (FRA:CRE) Change In Inventory : €2 Mil (TTM As of Mar. 2022)

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What is Cerner Change In Inventory?

Cerner's change in inventory for the quarter that ended in Mar. 2022 was €0 Mil. It means Cerner's inventory declined by €0 Mil from Dec. 2021 to Mar. 2022 .

Cerner's change in inventory for the fiscal year that ended in Dec. 2021 was €-5 Mil. It means Cerner's inventory increased by €5 Mil from Dec. 2020 to Dec. 2021 .

Cerner's Total Inventories for the quarter that ended in Mar. 2022 was €25 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cerner's Days Inventory for the quarter that ended in Mar. 2022 was 10.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cerner's Inventory Turnover for the quarter that ended in Mar. 2022 was 8.84.

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. Cerner's Inventory-to-Revenue for the quarter that ended in Mar. 2022 was 0.02.

Cerner Change In Inventory Historical Data

The historical data trend for Cerner's Change In 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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Cerner Change In Inventory Chart

Cerner Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Change In Inventory

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-0.82

-8.18

1.67

0.79

-4.54

Cerner Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Change In Inventory	Get a 7-Day Free Trial															-6.23	8.53	-4.44	-2.45	0.42

Cerner Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was €2 Mil.

Cerner (FRA:CRE) Change In Inventory Explanation

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

Cerner's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	25.038	/	221.414	*	365 / 4
	=	10.32

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

Cerner's Inventory Turnover for the quarter that ended in Mar. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	221.414	/	25.038
	=	8.84

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.

Cerner's Inventory to Revenue for the quarter that ended in Mar. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	25.038	/	1298.259
	=	0.02

Cerner Change In Inventory Related Terms

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Cerner (FRA:CRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Cerner Corp (FRA:CRE) » Definitions » Change In Inventory

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Address

2800 Rock creek Parkway, North Kansas City, MO, USA, 64117

Website

https://www.cerner.com

Cerner is a leading supplier of healthcare information technology solutions and tech-enabled services. The company is a long-standing market leader in the electronic health record industry, and along with rival Epic Systems corners a majority of the market for acute care EHR within health systems. The company is guided by the mission of the founding partners to provide seamless medical records across all healthcare providers to improve outcomes. Beyond medical records, the company offers a wide range of technology that supports the clinical, financial, and operational needs of healthcare facilities.

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