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. National Healthcare's Average Total Inventories for the quarter that ended in Dec. 2023 was $7 Mil. National Healthcare's Revenue for the
three
months ended in Dec. 2023 was $301 Mil.
National Healthcare's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.
National Healthcare's Inventory-to-Revenue for the quarter that ended in Dec. 2023
stayed the same
from Sep. 2023 (0.03) to Sep. 2023 (0.03)
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
National Healthcare's Days Inventory for the
three
months ended in Dec. 2023 was 3.61.
Inventory Turnover measures how fast the company turns over its inventory within a year.
National Healthcare's Inventory Turnover for the quarter that ended in Dec. 2023 was 25.28.
National Healthcare Inventory-to-Revenue Historical Data
The historical data trend for National Healthcare's Inventory-to-Revenue 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.
Competitive Comparison of National Healthcare's Inventory-to-Revenue
For the Medical Care Facilities subindustry, National Healthcare's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
National Healthcare's Inventory-to-Revenue Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, National Healthcare's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where National Healthcare's Inventory-to-Revenue falls into.
National Healthcare Inventory-to-Revenue Calculation
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.
National Healthcare's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
National Healthcare (AMEX:NHC) Inventory-to-Revenue Explanation
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
National Healthcare's Days Inventory for the
three
months ended in Dec. 2023 is calculated as:
* 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.
National Healthcare Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of National Healthcare's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
National Healthcare (National Healthcare) Business Description
National Healthcare Corp Provides long-term care facilities. Its principal business includes the operation of skilled nursing facilities, assisted living facilities, independent living facilities, and home care programs. The company's activities include providing sub-acute and post-acute skilled nursing care, intermediate nursing care, rehabilitative care, memory and Alzheimer's care, senior living services, and home health care services. In addition, the company also provides management services, accounting, and financial services, as well as insurance services to third-party operators of healthcare facilities. Its reportable segments include Inpatient services, and Home care hospice services. Generating, a majority of its revenue from Inpatient services.
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