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NHC (National Healthcare) Days Inventory : 3.29 (As of Dec. 2024)


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What is National Healthcare Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). National Healthcare's Average Total Inventories for the three months ended in Dec. 2024 was $8 Mil. National Healthcare's Cost of Goods Sold for the three months ended in Dec. 2024 was $234 Mil. Hence, National Healthcare's Days Inventory for the three months ended in Dec. 2024 was 3.29.

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

NHC' s Days Inventory Range Over the Past 10 Years
Min: 3.39   Med: 4.64   Max: 5.03
Current: 3.39

During the past 13 years, National Healthcare's highest Days Inventory was 5.03. The lowest was 3.39. And the median was 4.64.

NHC's Days Inventory is ranked better than
92.29% of 480 companies
in the Healthcare Providers & Services industry
Industry Median: 30.545 vs NHC: 3.39

National Healthcare's Days Inventory declined from Dec. 2023 (3.61) to Dec. 2024 (3.29).

Inventory Turnover measures how fast the company turns over its inventory within a year. National Healthcare's Inventory Turnover for the three months ended in Dec. 2024 was 27.76.

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. National Healthcare's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.02.


National Healthcare Days Inventory Historical Data

The historical data trend for National Healthcare'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.

* Premium members only.

National Healthcare Days Inventory Chart

National Healthcare Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.86 4.76 4.17 3.71 3.70

National Healthcare Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Days 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 3.61 3.52 3.39 3.09 3.29

Competitive Comparison of National Healthcare's Days Inventory

For the Medical Care Facilities subindustry, National Healthcare'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.


National Healthcare's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, National Healthcare's Days Inventory distribution charts can be found below:

* The bar in red indicates where National Healthcare's Days Inventory falls into.


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National Healthcare Days Inventory Calculation

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

National Healthcare's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (7.386 + 9.039) / 2 ) / 810.93*365
=8.2125 / 810.93*365
=3.70

National Healthcare's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (7.84 + 9.039) / 2 ) / 234.321*365 / 4
=8.4395 / 234.321*365 / 4
=3.29

* 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.


National Healthcare  (AMEX:NHC) 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.

National Healthcare's Inventory Turnover for the three months ended in Dec. 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.

National Healthcare's Inventory to Revenue for the three months ended in Dec. 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.


National Healthcare Days Inventory Related Terms

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


National Healthcare Business Description

Traded in Other Exchanges
N/A
Address
100 East Vine Street, Murfreesboro, TN, USA, 37130
National Healthcare Corp Provides long-term care facilities. Its principal business includes the operation of skilled nursing facilities, assisted living facilities, independent living facilities, and home care programs. The company's activities include providing sub-acute and post-acute skilled nursing care, intermediate nursing care, rehabilitative care, memory and Alzheimer's care, senior living services, and home health care services. In addition, the company also provides management services, accounting, and financial services, as well as insurance services to third-party operators of healthcare facilities. Its reportable segments include Inpatient services, and Home care hospice services. Generating, a majority of its revenue from Inpatient services.
Executives
National Health Corp 10 percent owner 100 E. VINE STREET, MURFREESBORO TN 37130
Brian F Kidd officer: SVP, Controller, Prin.Acct.Ofc 100 VINE ST., MURFREESBORO TN 37130
James Paul Abernathy director 2102 GREENLAND DRIVE, MURFREESBORO TN 37130
Stephen Fowler Flatt officer: Senior V.P. for Development 100 VINE STREET, SUITE 1200, MURFREESBORO TN 37130
Emil E Hassan director
Robert G Adams director, officer: Sr. Vice President & COO P.O. BOX 1398, MURFREESBORO TN 37133-1398
W Andrew Adams director, officer: CEO P.O. BOX 1398, MURFREESBORO TN 37133-1398
Laroche Richard F Jr director P.O. BOX 1398, MURFREESBORO TN 37133-1398
Burgess Ernest G Iii director P.O. BOX 1398, MURFREESBORO TN 37133-1398
Sandra Y. Trail director 100 VINE STREET, MURFREESBORO TN 37130
Robert Michael Ussery officer: Senior V.P., Operations 100 VINE STREET, SUITE 1400, P. O. BOX 1398, MURFREESBORO TN 37130
Vicki L Dodson officer: Sr.VP Patient Srvcs & CNO 100 VINE STREET, MURFREESBORO TN 37130
Josh A Mccreary officer: Senior VP & General Counsel 100 VINE STREET, MURFREESBORO TN 37130
John K Lines officer: Senior V.P. & General Counsel 601 S. HARBOUR ISLAND BLVD., SUITE 220, TAMPA FL 33602
Jeffrey Russell Smith officer: SVP & Treasurer 100 VINE ST., MURFREESBORO TN 37130