GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Healthcare Services Group Inc (NAS:HCSG) » Definitions » Total Inventories

HCSG (Healthcare Services Group) Total Inventories : $17 Mil (As of Sep. 2024)


View and export this data going back to 1983. Start your Free Trial

What is Healthcare Services Group Total Inventories?

Healthcare Services Group's total inventories for the quarter that ended in Sep. 2024 was $17 Mil. Healthcare Services Group's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $17 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Healthcare Services Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $1.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Healthcare Services Group's Days Inventory for the three months ended in Sep. 2024 was 4.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. Healthcare Services Group's Inventory Turnover for the quarter that ended in Sep. 2024 was 20.90.

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. Healthcare Services Group's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.04.


Healthcare Services Group Total Inventories Historical Data

The historical data trend for Healthcare Services Group'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.

Healthcare Services Group Total Inventories Chart

Healthcare Services Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.52 31.59 26.02 21.16 18.48

Healthcare Services Group 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 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 19.19 18.48 18.04 17.86 17.05

Healthcare Services Group 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.


Healthcare Services Group  (NAS:HCSG) 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.

Healthcare Services Group'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)
=(103.831+0.75 * 406.495+0.5 * 17.046-317.093
-0-0)/73.291
=1.37

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

Healthcare Services Group'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
=17.4515/364.73*365 / 4
=4.37

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

Healthcare Services Group'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 )
=364.73 / 17.4515
=20.90

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.

Healthcare Services Group'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 )
=17.4515 / 428.149
=0.04

* 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.


Healthcare Services Group Total Inventories Related Terms

Thank you for viewing the detailed overview of Healthcare Services Group's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Healthcare Services Group Business Description

Traded in Other Exchanges
N/A
Address
3220 Tillman Drive, Suite 300, Bensalem, PA, USA, 19020
Healthcare Services Group Inc is a provider of housekeeping and facility management services to the healthcare industry. The company operates two business segments, both contributing roughly equally to the company's revenue: Housekeeping, laundry, linen, and other services; and Dietary department services. Housekeeping includes management of clients' housekeeping departments, cleaning, disinfecting and sanitizing, laundry, bed linen, and uniform services. Dietary consists of food purchasing, meal preparation, and providing dietitian consulting services. Its clients are nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States of America.
Executives
Andrew M Brophy officer: Acting Accounting Officer 3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
Kurt Jr Simmons director 3220 TILLMAN DRIVE, BENSALEM PA 19020
John Briggs director 3220 TILLMAN DRIVE SUITE 300, BENSALEM PA 19020
Patrick J Orr officer: EVP & Chief Revenue Officer 3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
Andrew Kush officer: Executive Vice President 3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
Dino D Ottaviano director 3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
Michael E Mcbryan director, officer: Executive Vice President 3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
Robert L Frome director 3220 TILLMAN DRIVE SUITE 300, BENSALEM PA 19020
Laura K Grant director 3220 TILLMAN, DRIVE, BENSALEM PA 19020
Robert J Moss director 3220 TILLMAN DRIVE SUITE 300, BENSALEM PA 19020
Daniela Castagnino director 3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
Diane S Casey director 3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
John Christopher Shea officer: Chief Financial Officer 3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
David Hurlock officer: Executive Vice President & COO 3220 TILLMAN DRIVE, SUITE 300, BENSALEM PA 19020
Daniel P Mccartney director, officer: Chief Executive Officer 3220 TILLMAN DR, SUITE 300, BENSALEM PA 19020