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GE HealthCare Technologies (MEX:GEHC) Total Inventories : MXN41,822 Mil (As of Sep. 2024)


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What is GE HealthCare Technologies Total Inventories?

GE HealthCare Technologies's total inventories for the quarter that ended in Sep. 2024 was MXN41,822 Mil. GE HealthCare Technologies's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was MXN39,442 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. GE HealthCare Technologies's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was MXN-796.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GE HealthCare Technologies's Days Inventory for the three months ended in Sep. 2024 was 64.43.

Inventory Turnover measures how fast the company turns over its inventory within a year. GE HealthCare Technologies's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.42.

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. GE HealthCare Technologies's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.41.


GE HealthCare Technologies Total Inventories Historical Data

The historical data trend for GE HealthCare Technologies'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.

GE HealthCare Technologies Total Inventories Chart

GE HealthCare Technologies Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
- 31,707.85 39,920.24 42,013.88 33,269.53

GE HealthCare Technologies Quarterly Data
Dec19 Dec20 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 37,067.41 33,269.53 33,009.95 37,061.57 41,822.20

GE HealthCare Technologies 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.


GE HealthCare Technologies  (MEX:GEHC) 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.

GE HealthCare Technologies'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)
=(69900.565+0.75 * 64288.83+0.5 * 41822.197-499011.273
-0-3839.609)/456.853
=-796.37

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

GE HealthCare Technologies'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
=39441.8825/55861.381*365 / 4
=64.43

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

GE HealthCare Technologies'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 )
=55861.381 / 39441.8825
=1.42

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.

GE HealthCare Technologies'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 )
=39441.8825 / 95753.929
=0.41

* 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.


GE HealthCare Technologies Total Inventories Related Terms

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GE HealthCare Technologies Business Description

Traded in Other Exchanges
Address
500 West Monroe Street, Chicago, IL, USA, 60661
GE HealthCare Technologies is a leading medical technology firm with leading market share in imaging and ultrasound equipment. The company reports four major segments: imaging (54% of revenue), ultrasound (18%), patient care solutions (16%), and pharmaceutical diagnostics (12%). The company's sales are geographically diverse, with the United States, EMEA, China, and the rest of the world accounting for 44%, 26%, 14%, and 16% respectively. We estimate approximately half of its revenue is recurring, which consists of servicing (33% of revenue), pharmaceutical diagnostics (12%), and digital solutions (6%).