Livongo Health (Livongo Health) Days Inventory : 70.63 (As of Sep. 2020)

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What is Livongo Health Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Livongo Health's Average Total Inventories for the three months ended in Sep. 2020 was $20.1 Mil. Livongo Health's Cost of Goods Sold for the three months ended in Sep. 2020 was $25.9 Mil. Hence, Livongo Health's Days Inventory for the three months ended in Sep. 2020 was 70.63.

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

LVGO' s Days Inventory Range Over the Past 10 Years
Min: 105.67 Med: 128 Max: 149.09
Current: 105.84

During the past 3 years, Livongo Health's highest Days Inventory was 149.09. The lowest was 105.67. And the median was 128.00.

LVGO's Days Inventory is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 189.595 vs LVGO: 105.84

Livongo Health's Days Inventory declined from Sep. 2019 (131.31) to Sep. 2020 (70.63).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Livongo Health's Inventory Turnover for the three months ended in Sep. 2020 was 1.29.

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. Livongo Health's Inventory-to-Revenue for the three months ended in Sep. 2020 was 0.19.

Livongo Health Days Inventory Historical Data

The historical data trend for Livongo 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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Livongo Health Days Inventory Chart

Livongo Health Annual Data

Trend

Dec17

Dec18

Dec19

Days Inventory

128.00

106.69

149.92

Livongo Health Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Days Inventory	Get a 7-Day Free Trial							131.31	209.67	121.52	78.35	70.63

Competitive Comparison of Livongo Health's Days Inventory

For the Medical Devices subindustry, Livongo 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.

Livongo Health's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Livongo Health's Days Inventory distribution charts can be found below:

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

Livongo Health Days Inventory Calculation

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

Livongo Health's Days Inventory for the fiscal year that ended in Dec. 2019 is calculated as

	Days Inventory (A: Dec. 2019 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2018 )	+	Total Inventories (A: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2019 )	*	Days in Period
=	( (8.934	+	28.983)	/	2 )	/	46.158	*	365
=	18.9585					/	46.158	*	365
=	149.92

Livongo Health's Days Inventory for the quarter that ended in Sep. 2020 is calculated as:

	Days Inventory (Q: Sep. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2020 )	+	Total Inventories (Q: Sep. 2020 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2020 )	*	Days in Period
=	( (17.616	+	22.513)	/	2 )	/	25.922	*	365 / 4
=	20.0645					/	25.922	*	365 / 4
=	70.63

Livongo Health (NAS:LVGO) 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.

Livongo Health's Inventory Turnover for the three months ended in Sep. 2020 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	25.922	/	20.0645
	=	1.29

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.

Livongo Health's Inventory to Revenue for the three months ended in Sep. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	20.0645	/	106.104
	=	0.19

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.

Livongo Health Days Inventory Related Terms

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

Livongo Health (Livongo Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Livongo Health Inc (NAS:LVGO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

150 West Evelyn Avenue, Suite 150, Mountain View, CA, USA, 94041

Website

https://www.livongo.com

Livongo Health Inc provides a data science and technology enabled platform for detection of diabetes. Its additional solutions include Livongo for Hypertension, Livongo for Prediabetes and Weight Management, and Livongo for Behavioral Health by myStrength. The company's client comprise of employers, health plans, government entities, and labor unions. Its operations are primarily located in the United States.

Executives

Lee Shapiro	officer: Chief Financial Officer	C/O ALLSCRIPTS HEALTCHARE SOLUTIONS, 2401 COMMERCE DR, LIBERTYVILLE IL 60048
Glen Tullman	director, officer: Executive Chairman	C/O LIVONGO HEALTH, INC., 150 WEST EVELYN AVENUE, SUITE 150, MOUNTAIN VIEW CA 94041
Karen L Daniel	director	2801 80TH STREET, KENOSHA WI 53141
Philip E Green	director	C/O LIVONGO HEALTH, INC, 150 WEST EVELYN AVENUE, SUITE 150, MOUNTAIN VIEW CA 94041
Kenneth I Chenault	10 percent owner	C/O GENERAL CATALYST, 20 UNIVERSITY ROAD, 4TH FLOOR, CAMBRIDGE MA 02138
Gc Venture Lh Manager, Llc	10 percent owner	20 UNIVERSITY ROAD, 4TH FLOOR CAMBRIDGE MA 02138
Gc Partners Holdings, Lp	10 percent owner	20 UNIVERSITY ROAD, 4TH FLOOR, CAMBRIDGE MA 02138
Gcgm Investment Holdings, Lp	10 percent owner	20 UNIVERSITY ROAD, 4TH FLOOR, CAMBRIDGE MA 02138
General Catalyst Group Management Holdings Gp, Llc	10 percent owner	20 UNIVERSITY ROAD, 4TH FLOOR, CAMBRIDGE MA 02138
General Catalyst Group Management Holdings, L.p.	10 percent owner	20 UNIVERSITY ROAD, 4TH FLOOR, CAMBRIDGE MA 02138
General Catalyst Gp Vi, Llc	10 percent owner	20 UNIVERSITY ROAD, 4TH FLOOR, CAMBRIDGE MA 02138
General Catalyst Gp Viii, Llc	10 percent owner	20 UNIVERSITY ROAD, 4TH FLOOR, CAMBRIDGE MA 02138
General Catalyst Partners Vi, L.p.	10 percent owner	20 UNIVERSITY ROAD, 4TH FLOOR, CAMBRIDGE MA 02138
General Catalyst Group Viii Supplemental, L.p.	10 percent owner	20 UNIVERSITY ROAD, 4TH FLOOR, CAMBRIDGE MA 02138
General Catalyst Group Viii, L.p.	10 percent owner	20 UNIVERSITY ROAD, 4TH FLOOR, CAMBRIDGE MA 02138