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Comprehensive Healthcare Systems (TSXV:CHS) Total Inventories : C$0.00 Mil (As of Sep. 2023)


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What is Comprehensive Healthcare Systems Total Inventories?

Comprehensive Healthcare Systems's total inventories for the quarter that ended in Sep. 2023 was C$0.00 Mil. Comprehensive Healthcare Systems's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was C$0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Comprehensive Healthcare Systems's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was C$-0.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Comprehensive Healthcare Systems's Days Inventory for the three months ended in Sep. 2023 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. Comprehensive Healthcare Systems's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.00.


Comprehensive Healthcare Systems Total Inventories Historical Data

The historical data trend for Comprehensive Healthcare Systems'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.

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Comprehensive Healthcare Systems Total Inventories Chart

Comprehensive Healthcare Systems Annual Data
Trend Jan19 Jan20 Jan21 Dec22
Total Inventories
- - - -

Comprehensive Healthcare Systems Quarterly Data
Oct18 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Comprehensive Healthcare Systems 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.


Comprehensive Healthcare Systems  (TSXV:CHS) 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.

Comprehensive Healthcare Systems's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.016+0.75 * 0.71+0.5 * 0-9.614
-0-0)/124.023
=-0.07

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

Comprehensive Healthcare Systems's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=0/1.083*365 / 4
=0.00

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

Comprehensive Healthcare Systems's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=1.083 / 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.

Comprehensive Healthcare Systems's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=0 / 1.327
=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.


Comprehensive Healthcare Systems Total Inventories Related Terms

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Comprehensive Healthcare Systems Business Description

Traded in Other Exchanges
N/A
Address
2025 Lincoln Highway, Suite 340, State Route 27, Edison, NJ, USA, 08817
Website
Comprehensive Healthcare Systems Inc is the provider of healthcare administrative software, licensing and maintenance services.
Executives
Mohammad (mo) Shahid Fazil Director