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Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Team Health Holdings's Cost of Goods Sold for the three months ended in Sep. 2016 was $944 Mil. Team Health Holdings's Average Total Inventories for the quarter that ended in Sep. 2016 was $0 Mil.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Team Health Holdings's Days Inventory for the three months ended in Sep. 2016 was 0.00.
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. Team Health Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2016 was 0.00.
The historical data trend for Team Health Holdings's Inventory Turnover 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.
Team Health Holdings Annual Data | |||||||||||||||||||
Trend | Dec07 | Dec08 | Dec09 | Dec10 | Dec11 | Dec12 | Dec13 | Dec14 | Dec15 | ||||||||||
Inventory Turnover | Get a 7-Day Free Trial | - | - | - | - | - |
Team Health Holdings Quarterly Data | ||||||||||||||||||||
Dec11 | Mar12 | Jun12 | Sep12 | Dec12 | Mar13 | Jun13 | Sep13 | Dec13 | Mar14 | Jun14 | Sep14 | Dec14 | Mar15 | Jun15 | Sep15 | Dec15 | Mar16 | Jun16 | Sep16 | |
Inventory Turnover | Get a 7-Day Free Trial | - | - | - | - | - |
Team Health Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2015 is calculated as
Inventory Turnover (A: Dec. 2015 ) | |||||||
= | Cost of Goods Sold | / | Average Total Inventories | ||||
= | Cost of Goods Sold (A: Dec. 2015 ) | / ( | (Total Inventories (A: Dec. 2014 ) | + | Total Inventories (A: Dec. 2015 )) | / | count ) |
= | 2943.979 | / ( | (0 | + | 0) | / | 1 ) |
= | 2943.979 | / | 0 | ||||
= | N/A |
Team Health Holdings's Inventory Turnover for the quarter that ended in Sep. 2016 is calculated as
Inventory Turnover (Q: Sep. 2016 ) | |||||||
= | Cost of Goods Sold | / | Average Total Inventories | ||||
= | Cost of Goods Sold (Q: Sep. 2016 ) | / ( | (Total Inventories (Q: Jun. 2016 ) | + | Total Inventories (Q: Sep. 2016 )) | / | count ) |
= | 943.624 | / ( | (0 | + | 0) | / | 1 ) |
= | 943.624 | / | 0 | ||||
= | N/A |
* 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.
Team Health Holdings (NYSE:TMH) Inventory Turnover Explanation
Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Team Health Holdings's Days Inventory for the three months ended in Sep. 2016 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Sep. 2016 ) | / | Cost of Goods Sold (Q: Sep. 2016 ) | * | Days in Period |
= | 0 | / | 943.624 | * | 365 / 4 | |
= | 0.00 |
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.
Team Health Holdings's Inventory to Revenue for the quarter that ended in Sep. 2016 is calculated as
Inventory-to-Revenue | = | Average Total Inventories (Q: Sep. 2016 ) | / | Revenue (Q: Sep. 2016 ) |
= | 0 | / | 1141.494 | |
= | 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
Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.
Thank you for viewing the detailed overview of Team Health Holdings's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Jana Partners Llc | director | 767 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10153 |
Scott Ostfeld | director | 767 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10153 |
Kenneth H Paulus | director | 5420 FELTL ROAD, MINNETONKA MN 55343 |
James L Bierman | director | 9120 LOCKWOOD BOULEVARD, MECHANICSVILLE VA 23116 |
Glenn A. Davenport | director | TEAM HEALTH HOLDINGS, 1900 WINSTON ROAD, SUITE 300, KNOXVILLE TN 37919 |
Vicky B Gregg | director | 1 CAMERON HILL CIRCLE, CHATTANOOGA TN 37402 |
Edwin M Crawford | director | 3000 GALLERIA TOWER, STE 1000, BIRMINGHAM AL 35244 |
Michael D Snow | director, officer: President and CEO | 23 MAYMONT WAY, THE WOODLANDS TX 77382 |
Joseph L Herring | director | 210 CARNEGIE CENTER, PRINCETON NJ 08540 |
Greg Roth | other: Consultant | ONE PARK PLAZA, NASHVILLE TN 37203 |
Steven B Epstein | director | |
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Blackstone Holdings Iii Gp L.p. | 10 percent owner | C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154 |
Blackstone Management Associates Iv Llc | 10 percent owner | C/O THE BLACKSTONE GROUP, 345 PARK AVE, NEW YORK NY 10154 |
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