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Addus HomeCare's total inventories for the quarter that ended in Sep. 2024 was $0 Mil. Addus HomeCare's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $0 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Addus HomeCare's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $4.97.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Addus HomeCare's Days Inventory for the three months ended in Sep. 2024 was 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. Addus HomeCare's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.00.
The historical data trend for Addus HomeCare's Total Inventories 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.
Addus HomeCare Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Total Inventories | Get a 7-Day Free Trial | - | - | - | - | - |
Addus HomeCare Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Total Inventories | Get a 7-Day Free Trial | - | - | - | - | - |
Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.
Addus HomeCare (NAS:ADUS) Total Inventories Explanation
Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.
1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.
Addus HomeCare's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is
Net-Net Working Capital Per Share (Q: Sep. 2024 ) | |||||||
= | (Cash And Cash Equivalents | + | 0.75 * Accounts Receivable | + | 0.5 * Total Inventories | - | Total Liabilities |
- | Preferred Stock | - | Minority Interest) | / | Shares Outstanding (EOP) | ||
= | (222.852 | + | 0.75 * 96.6 | + | 0.5 * 0 | - | 205.267 |
- | 0 | - | 0) | / | 18.133 | ||
= | 4.97 |
2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Addus HomeCare's Days Inventory for the three months ended in Sep. 2024 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Sep. 2024 ) | / | Cost of Goods Sold (Q: Sep. 2024 ) | * | Days in Period |
= | 0 | / | 197.583 | * | 365 / 4 | |
= | 0.00 |
3. Inventory Turnover measures how fast the company turns over its inventory within a year.
Addus HomeCare's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold (Q: Sep. 2024 ) | / | Average Total Inventories (Q: Sep. 2024 ) |
= | 197.583 | / | 0 | |
= | N/A |
4. 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.
Addus HomeCare's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories (Q: Sep. 2024 ) | / | Revenue (Q: Sep. 2024 ) |
= | 0 | / | 289.787 | |
= | 0.00 |
* 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
Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.
When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.
Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.
Thank you for viewing the detailed overview of Addus HomeCare's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
R Dirk Allison | director, officer: Chief Executive Officer | 2525 WEST END AVE STE 600, C/O RENAL CARE GROUP INC, NASHVILLE TN 37203 |
Brian Poff | officer: CHIEF FINANCIAL OFFICER | C/O ADDUS HOMECARE CORPORATION, 2300 WARRENVILLE RD, DOWNERS GROVE IL 60515 |
Sean Gaffney | officer: EVP / Chief Legal Officer | 6801 GAYLORD PARKWAY, SUITE 110, FRISCO TX 75034 |
Esteban Lopez | director | 6303 COWBOYS WAY, SUITE 600, FRISCO TX 75034 |
W Bradley Bickham | officer: See Remarks | |
David W. Tucker | officer: EVP/Chief Development Officer | 6801 GAYLORD PARKWAY, SUITE 110, FRISCO TX 75034 |
Michael D. Wattenbarger | officer: EVP/Chief Information Officer | 6801 GAYLORD PARKWAY, SUITE 110, FRISCO TX 75034 |
Cliff Donald Blessing | officer: EVP/Chief Development Officer | 6303 COWBOYS WAY, SUITE 600, FRISCO TX 75034 |
Robertson James Stevenson | officer: EVP & Chief HR Officer | 6303 COWBOYS WAY, SUITE 600, FRISCO TX 75034 |
Monica Raines | officer: EVP/CCO and Quality Officer | 6303 COWBOYS WAY, SUITE 600, FRISCO TX 75034 |
Darby Anderson | officer: See Remarks | 2401 SOUTH PLUM GROVE ROAD, PALATINE IL 60067 |
Heather Brianne Dixon | director | AETNA INC., 151 FARMINGTON AVENUE, HARTFORD CT 06156 |
Laurie Manning | officer: EVP/Chief Human Resources Off. | 6801 GAYLORD PARKWAY, SUITE 110, FRISCO TX 75034 |
Veronica Hill-milbourne | director | 6303 COWBOYS WAY, SUITE 600, FRISCO TX 75034 |
Mark L First | director, 10 percent owner | 320 PARK AVENUE, NEW YORK NY 10022 |
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