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Kindred Healthcare's total inventories for the quarter that ended in Mar. 2018 was $22 Mil. Kindred Healthcare's average total inventories from the quarter that ended in Dec. 2017 to the quarter that ended in Mar. 2018 was $22 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Kindred Healthcare's Net-Net Working Capital per share for the quarter that ended in Mar. 2018 was $-44.65.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Inventory Turnover measures how fast the company turns over its inventory within a year. Kindred Healthcare's Inventory Turnover for the quarter that ended in Mar. 2018 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. Kindred Healthcare's Inventory-to-Revenue for the quarter that ended in Mar. 2018 was 0.01.
The historical data trend for Kindred Healthcare'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.
Kindred Healthcare Annual Data | |||||||||||||||||||||
Trend | Dec08 | Dec09 | Dec10 | Dec11 | Dec12 | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | |||||||||||
Total Inventories | Get a 7-Day Free Trial | 25.78 | 25.70 | 27.79 | 22.44 | 21.72 |
Kindred Healthcare Quarterly Data | ||||||||||||||||||||
Jun13 | Sep13 | Dec13 | Mar14 | Jun14 | Sep14 | Dec14 | Mar15 | Jun15 | Sep15 | Dec15 | Mar16 | Jun16 | Sep16 | Dec16 | Mar17 | Jun17 | Sep17 | Dec17 | Mar18 | |
Total Inventories | Get a 7-Day Free Trial | 24.70 | 21.95 | 21.49 | 21.72 | 21.64 |
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.
Kindred Healthcare (NYSE:KND) 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.
Kindred Healthcare's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2018 is
Net-Net Working Capital Per Share (Q: Mar. 2018 ) | |||||||
= | (Cash And Cash Equivalents | + | 0.75 * Accounts Receivable | + | 0.5 * Total Inventories | - | Total Liabilities |
- | Preferred Stock | - | Minority Interest) | / | Shares Outstanding (EOP) | ||
= | (131.166 | + | 0.75 * 1165.044 | + | 0.5 * 21.635 | - | 4880.971 |
- | 0 | - | 210.825) | / | 91.2792 | ||
= | -44.65 |
2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Kindred Healthcare's Days Inventory for the three months ended in Mar. 2018 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Mar. 2018 ) | / | Cost of Goods Sold (Q: Mar. 2018 ) | * | Days in Period |
= | 21.6755 | / | 0 | * | 365 / 4 | |
= |
3. Inventory Turnover measures how fast the company turns over its inventory within a year.
Kindred Healthcare's Inventory Turnover for the quarter that ended in Mar. 2018 is calculated as
Inventory Turnover | = | Cost of Goods Sold (Q: Mar. 2018 ) | / | Average Total Inventories (Q: Mar. 2018 ) |
= | 0 | / | 21.6755 | |
= | 0.00 |
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.
Kindred Healthcare's Inventory to Revenue for the quarter that ended in Mar. 2018 is calculated as
Inventory-to-Revenue | = | Average Total Inventories (Q: Mar. 2018 ) | / | Revenue (Q: Mar. 2018 ) |
= | 21.6755 | / | 1513.789 | |
= | 0.01 |
* 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.
Thank you for viewing the detailed overview of Kindred Healthcare's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
Heyward R Donigan | director | 452 DISCOVERY ROAD, VIRGINIA BEACH VA 23451 |
Phyllis R Yale | director | |
Paul J Diaz | director | 680 SOUTH FOURTH STREET, LOUISVILLE KY 40202 |
Joel Ackerman | director | COVENTRY HEALTH CARE, INC., 6705 ROCKLEDGE DR SUITE 900, BETHESDA MD 20817 |
Richard Goodman | director | PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577 |
Christopher T Hjelm | director | C/O THE KROGER CO., 1014 VINE ST., CINCINNATI OH 45202 |
Stephen D Farber | officer: EVP & Chief Financial Officer | 680 SOUTH FOURTH STREET, LOUISVILLE KY 40202 |
Jonathan David Blum | director | C/O YUM BRANDS INC, 1441 GARDINER LANE, LOUISVILLE KY 40213 |
Lynn T Simon | director | 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067 |
Fred J Kleisner | director | C/O MORGANS HOTEL GROUP CO., 475 TENTH AVENUE, NEW YORK NY 10018 |
Sharad Mansukani | director | C/O AGILON HEALTH, INC., 6210 E HWY 290, SUITE 450, AUSTIN TX 78723 |
Thomas P Cooper | director | PO BOX 3335, SANTA FE CA 92067 |
John H Short | director | 7733 FORSYTH BLVD.,, SUITE 2300, ST. LOUIS MO 63105 |
Edward L Kuntz | director, other: Chairman of the Board | |
Richard A Lechleiter | officer: Executive VP and CFO | PO BOX 32890, LOUISVILLE KY 40232-2890 |
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