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Community Health Systems (Community Health Systems) Total Inventories : $329 Mil (As of Mar. 2024)


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What is Community Health Systems Total Inventories?

Community Health Systems's total inventories for the quarter that ended in Mar. 2024 was $329 Mil. Community Health Systems's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $329 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Community Health Systems's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-106.77.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Community Health Systems's Days Inventory for the three months ended in Mar. 2024 was 16.16.

Inventory Turnover measures how fast the company turns over its inventory within a year. Community Health Systems's Inventory Turnover for the quarter that ended in Mar. 2024 was 5.65.

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. Community Health Systems's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.10.


Community Health Systems Total Inventories Historical Data

The historical data trend for Community Health 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.

* Premium members only.

Community Health Systems Total Inventories Chart

Community Health Systems 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 354.00 335.00 355.00 353.00 328.00

Community Health Systems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 345.00 333.00 325.00 328.00 329.00

Community Health 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.


Community Health Systems  (NYSE:CYH) 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.

Community Health Systems's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(48+0.75 * 2194+0.5 * 329-15295
-0-550)/131.000
=-106.77

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

Community Health Systems's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=328.5/1855*365 / 4
=16.16

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

Community Health Systems's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=1855 / 328.5
=5.65

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.

Community Health Systems's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=328.5 / 3140
=0.10

* 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.


Community Health Systems Total Inventories Related Terms

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Community Health Systems (Community Health Systems) Business Description

Traded in Other Exchanges
Address
4000 Meridian Boulevard, Franklin, TN, USA, 37067
Community Health Systems Inc is the largest publicly owned hospital operator in the United States. The company owns or leases over 83 hospitals located in nonurban and urban markets. The company also owns four home health agencies and provides management and consulting services to independent hospitals. The firm derives revenue through a broad range of general and specialized hospital healthcare services and outpatient services.
Executives
Wayne T Smith director, officer: Executive Officer and Director 500 WEST MAIN STREET, LOUISVILLE KY 40202
Charles J Cova officer: Regional President 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Burgess Ronald L Jr director 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Ely James S. Iii director 4000 MERIDIAN BLVD, FRANKLIN TN 37067
Susan W Brooks director 200 EAST JACKSON ST, MUNCIE IN 47305
Justin D Pitt officer: EVP and General Counsel 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Joseph Arthur Hastings director 1573 MALLORY LANE, SUITE 100, BRENTWOOD TN 37027
John A Fry director C/O DELAWARE INVESTMENTS, 2005 MARKET ST. 34TH FL., PHILADELPHIA PA 19103
William Norris Jennings director 509 ALTA GATE ROAD, LOUISVILLE KY 40206
Chad A Campbell officer: Regional President 4000 MERIDIAN BLVD, FRANKLIN TN 37067
David E Nicely officer: Regional President 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Kevin A Stockton officer: Regional President 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Mark B Medley officer: Regional President 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Austen D Mason officer: Regional President 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Tian Qiao Chen 10 percent owner 2735 SAND HILL ROAD, #140, MENLO PARK CA 94025