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CRVL (CorVel) Total Inventories : $0.0 Mil (As of Dec. 2024)


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What is CorVel Total Inventories?

CorVel's total inventories for the quarter that ended in Dec. 2024 was $0.0 Mil. CorVel's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $0.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. CorVel's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-0.54.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CorVel's Days Inventory for the three months ended in Dec. 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. CorVel's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.00.


CorVel Total Inventories Historical Data

The historical data trend for CorVel'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.

* Premium members only.

CorVel Total Inventories Chart

CorVel Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Inventories
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CorVel Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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CorVel Total Inventories Calculation

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.


CorVel  (NAS:CRVL) 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.

CorVel's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(162.944+0.75 * 62.686+0.5 * 0-237.927
-0-0)/51.367
=-0.54

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

CorVel's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=0/175.115*365 / 4
=0.00

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

CorVel's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=175.115 / 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.

CorVel's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=0 / 227.973
=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.


CorVel Total Inventories Related Terms

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CorVel Business Description

Traded in Other Exchanges
N/A
Address
5128 Apache Plume Road, Suite 400, Fort Worth, TX, USA, 76109
CorVel Corp applies technology including artificial intelligence, machine learning, and natural language processing to enhance the managing of episodes of care and the related health care costs. It partners with employers, third-party administrators, insurance companies, and government agencies in managing worker's compensation and health, auto, and liability services. The company's solutions combine integrated technologies with a human touch providing services that include claims management, bill review, preferred provider networks, utilization management, case management, pharmacy services, directed care, and medicare services.
Executives
Jeffrey J Michael director 2010 MAIN STREET STE 600, IRVINE CA 92614
Brandon O'brien officer: Chief Financial Officer 2010 MAIN STREET, SUITE 600, IRVINE CA 92614
Alan Hoops director 2010 MAIN ST STE 600, IRVINE CA 92614
Jennifer Yoss officer: Vice President of Accounting 2010 MAIN STREET, SUITE 600, IRVINE CA 92614
Steven J Hamerslag director PO BOX 7227, RANCHO SANTA FE CA 92067
Mark E. Bertels officer: EVP - Risk Management Services 1920 MAIN STREET, SUITE 900, IRVINE CA 92614
V Gordon Clemons director, officer: Chairman of the Board 2010 MAIN STREET, STE 600, IRVINE CA 92614
Michael G Combs officer: Chief Information Officer 2010 MAIN STREET, SUITE 600, IRVINE CA 92614
R Judd Jessup director 30962 VIA SERENIDAD, COTO DE CAZA CA 92679
Maxim Shishin officer: Chief Information Officer 2010 MAIN STREET, SUITE 600, IRVINE CA 92614
Corstar Holdings Inc 10 percent owner 2010 MAIN STREET STE 800, IRVINE CA 92614
Jean Macino director 2010 MAIN STREET, SUITE 600, IRVINE CA 92614
Gregory A. Dorn officer: Division President 1920 MAIN STREET, SUITE 900, IRVINE CA 92614
Diane Blaha officer: Sr. VP of Sales & Account Mgmt 2010 MAIN STREET, SUITE 600, IRVINE CA 92614
Michael Saverien officer: Exec. VP, Risk Mgmt. Services 2010 MAIN STREET, SUITE 600, IRVINE CA 92614