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Universal Health Services (Universal Health Services) Total Inventories : $216 Mil (As of Mar. 2024)


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What is Universal Health Services Total Inventories?

Universal Health Services's total inventories for the quarter that ended in Mar. 2024 was $216 Mil. Universal Health Services's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $217 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Universal Health Services's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-85.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Universal Health Services's Days Inventory for the three months ended in Mar. 2024 was 48.96.

Inventory Turnover measures how fast the company turns over its inventory within a year. Universal Health Services's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.86.

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. Universal Health Services's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.06.


Universal Health Services Total Inventories Historical Data

The historical data trend for Universal Health Services'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.

Universal Health Services Total Inventories Chart

Universal Health Services 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 159.89 190.42 206.84 218.52 216.99

Universal Health Services 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 216.24 215.38 214.59 216.99 216.06

Universal Health Services 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.


Universal Health Services  (NYSE:UHS) 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.

Universal Health Services'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)
=(112.093+0.75 * 2299.425+0.5 * 216.058-7735.301
-0-54.134)/68.482
=-85.35

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

Universal Health Services'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
=216.523/403.573*365 / 4
=48.96

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

Universal Health Services'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 )
=403.573 / 216.523
=1.86

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.

Universal Health Services'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 )
=216.523 / 3843.582
=0.06

* 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.


Universal Health Services Total Inventories Related Terms

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Universal Health Services (Universal Health Services) Business Description

Traded in Other Exchanges
Address
367 South Gulph Road, Universal Corporate Center, P.O. Box 61558, King Of Prussia, PA, USA, 19406-0958
Universal Health Services Inc owns and operates acute care hospitals, behavior health centers, surgical hospitals, ambulatory surgery centers, and radiation oncology centers. The firm operates in two key segments: Acute Care Hospital Services and Behavioral Health Services. The Acute Care Hospital Services segment includes the firm's acute care hospitals, surgical hospitals, and surgery and oncology centers.
Executives
Warren J. Nimetz director 1301 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Steve Filton officer: Senior Vice President & CFO 367 SOUTH GULPH ROAD, KING PRUSSIA PA 19406
Marc D Miller director, officer: President 367 SOUTH GULPH ROAD, KING OF PRUSSIA PA 19406
Eileen C. Mcdonnell director 600 DRESHER ROAD, HORSHAM PA 19044
Lawrence S. Gibbs director 599 LEXINGTON AVE # 20, NEW YORK NY 10022
Edward H Sim officer: Executive Vice President 367 SOUTH GULPH ROAD, KING OF PRUSSIA PA 19406
Nina Chen-langenmayr director 211 N. 13TH STREET, 4TH FLOOR, PHILADELPHIA PA 19107
Sussman Elliot J Md Mba director
Matthew Jay Peterson officer: Executive Vice President, UHS 2824 87TH TRAIL NORTH, MINNEAPOLIS MN 55443
Maria Ruderman Singer director 245 PARK AVENUE, NEW YORK NY 10167
Robert H Hotz director C/O MIKASA, 20633 S FORDYCE AVENUE, LONG BEACH CA 90810
Marvin G. Pember officer: Senior Vice President 367 SOUTH GULPH ROAD, KING OF PRUSSIA PA 19406
Debra K Osteen officer: Senior Vice President 367 SOUTH GULPH ROAD, KING PRUSSIA PA 19406
John H Herrell director 367 SOUTH GULPH ROAD, KING PRUSSIA PA 19406
Anthony Pantaleoni director FULBRIGHT & JAWORSKI LLP, 666 FIFTH AVE, NEW YORK NY 10103