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Henry Schein (FRA:HS2) Days Inventory : 80.43 (As of Dec. 2023)


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What is Henry Schein Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Henry Schein's Average Total Inventories for the three months ended in Dec. 2023 was €1,691 Mil. Henry Schein's Cost of Goods Sold for the three months ended in Dec. 2023 was €1,918 Mil. Hence, Henry Schein's Days Inventory for the three months ended in Dec. 2023 was 80.43.

The historical rank and industry rank for Henry Schein's Days Inventory or its related term are showing as below:

FRA:HS2' s Days Inventory Range Over the Past 10 Years
Min: 63.07   Med: 74.39   Max: 107.05
Current: 80.7

During the past 13 years, Henry Schein's highest Days Inventory was 107.05. The lowest was 63.07. And the median was 74.39.

FRA:HS2's Days Inventory is ranked worse than
65.96% of 94 companies
in the Medical Distribution industry
Industry Median: 62.15 vs FRA:HS2: 80.70

Henry Schein's Days Inventory increased from Dec. 2022 (75.17) to Dec. 2023 (80.43). It might indicate that Henry Schein's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Henry Schein's Inventory Turnover for the three months ended in Dec. 2023 was 1.13.

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. Henry Schein's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.61.


Henry Schein Days Inventory Historical Data

The historical data trend for Henry Schein's Days Inventory 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.

Henry Schein Days Inventory Chart

Henry Schein Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.41 76.87 68.30 76.75 82.57

Henry Schein Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 75.17 85.02 81.24 76.82 80.43

Competitive Comparison of Henry Schein's Days Inventory

For the Medical Distribution subindustry, Henry Schein's Days Inventory, along with its competitors' market caps and Days Inventory 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.


Henry Schein's Days Inventory Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Henry Schein's Days Inventory distribution charts can be found below:

* The bar in red indicates where Henry Schein's Days Inventory falls into.



Henry Schein Days Inventory Calculation

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

Henry Schein's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (1853.072 + 1664.355) / 2 ) / 7774.326*365
=1758.7135 / 7774.326*365
=82.57

Henry Schein's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (1717.521 + 1664.355) / 2 ) / 1918.364*365 / 4
=1690.938 / 1918.364*365 / 4
=80.43

* 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.


Henry Schein  (FRA:HS2) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Henry Schein's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

2. 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.

Henry Schein's Inventory to Revenue 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Henry Schein Days Inventory Related Terms

Thank you for viewing the detailed overview of Henry Schein's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Henry Schein (FRA:HS2) Business Description

Traded in Other Exchanges
Address
135 Duryea Road, Melville, NY, USA, 11747
Henry Schein Inc is a solutions company for healthcare professionals powered by a network of people and technology. The company is a provider of healthcare products and services primarily to office-based dental and medical practitioners, as well as alternate sites of care. The company operates in two reportable segments; health care distribution and technology & value-added services. The healthcare distribution segment is engaged in combining global dental and medical businesses and distributes consumable products, small equipment, laboratory products, and Vitamins. The technology and value-added services reportable segment provides software, technology & other value-added services to health care practitioners. The majority of revenue is derived from the health care distribution segment.

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