Tenet Healthcare (MIL:1THC) Change In Inventory: €145 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIL:1THC Tenet Healthcare Corp MIL:1THC
48 GF Score
Price €222.00
GF Value €159.76
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Tenet Healthcare Change In Inventory?

Tenet Healthcare MIL:1THC 48 Change In Inventory is €145 Mil as of Jun. 2026. GuruFocus rates MIL:1THC with a GF Score™ of 48/100 and a GF Value™ of €159.76 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Tenet Healthcare's change in inventory for the quarter that ended in Jun. 2026 was €-137 Mil. It means Tenet Healthcare's inventory increased by €137 Mil from Mar. 2026 to Jun. 2026 .

Tenet Healthcare's change in inventory for the fiscal year that ended in Dec. 2025 was €-62 Mil. It means Tenet Healthcare's inventory increased by €62 Mil from Dec. 2024 to Dec. 2025 .

Tenet Healthcare's Total Inventories for the quarter that ended in Jun. 2026 was €293 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tenet Healthcare's Days Inventory for the quarter that ended in Jun. 2026 was 31.52.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tenet Healthcare's Inventory Turnover for the quarter that ended in Jun. 2026 was 2.89.

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. Tenet Healthcare's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.06.


Tenet Healthcare  (MIL:1THC) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=295.0395/854.112*365 / 4
=31.52

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

Tenet Healthcare's Inventory Turnover for the quarter that ended in Jun. 2026 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.

Tenet Healthcare's Inventory to Revenue for the quarter that ended in Jun. 2026 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.


Tenet Healthcare Change In Inventory Related Terms


Tenet Healthcare Change In Inventory Historical Data

* Premium members only.

The historical data trend for Tenet Healthcare'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.

Tenet Healthcare Change In Inventory Chart

Tenet Healthcare Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -46.02 -60.42 -127.46 -82.13 -62.34

Tenet Healthcare Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Change In Inventory Get a 7-Day Free Trial 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 101.44 -57.08 -12.81 352.06 -137.14
MIL:1THC
48GF Score
Tenet Healthcare Corp MIL:1THC
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tenet Healthcare 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €145 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of €145 Mil mean?
Tenet Healthcare (MIL:1THC) has a Change In Inventory of €145 Mil as of Jun. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Tenet Healthcare and its competitors.
Is Tenet Healthcare's Change In Inventory too high?
Tenet Healthcare's current Change In Inventory is €145 Mil. Overall, Tenet Healthcare has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tenet Healthcare's Change In Inventory compare to DVA and EHC?
Tenet Healthcare's Change In Inventory of €145 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Healthcare Providers & Services company?
A good Change In Inventory depends on the Healthcare Providers & Services industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Tenet Healthcare and its competitors. Tenet Healthcare's current Change In Inventory is €145 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenet Healthcare stock overvalued right now?
Based on GuruFocus' analysis, Tenet Healthcare (MIL:1THC) is currently considered Significantly Overvalued. The stock's GF Value™ is €159.76, compared to a current price of €222.00 — trading 39% above its estimated fair value. The current Change In Inventory is €145 Mil. Tenet Healthcare's overall GF Score™ is 48/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Tenet Healthcare (MIL:1THC), the current Change In Inventory is €145 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tenet Healthcare (MIL:1THC) Overvalued in 2026?

Based on GuruFocus' analysis, Tenet Healthcare stock appears to be overvalued. The current stock price of €222.00 is trading 39% above its estimated GF Value™ of €159.76. GuruFocus considers Tenet Healthcare to be Significantly Overvalued.

Key valuation signals for MIL:1THC:

  • Change In Inventory: €145 Mil
  • GF Value™: €159.76 vs. price of €222.00 (39% above fair value)
  • GF Score™: 48/100 with 5 warning signs

No single metric tells the full story. See the MIL:1THC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tenet Healthcare Business Description

Other Exchanges THC:USATHC1:Germany
Address 14201 Dallas Parkway, Dallas, TX, USA, 75254
Tenet Healthcare is a Dallas-based healthcare services organization. It operates acute and specialty hospitals (50 as of December 2025) and hundreds of ambulatory surgery centers and other outpatient facilities across the US, primarily in the South. Through its Conifer segment, Tenet also provides revenue cycle management solutions.
48GF Score

Get the complete analysis for MIL:1THC

Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€222.00
Price
€159.76
GF Value