GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » LifePoint Health Inc (NAS:LPNT) » Definitions » Total Inventories

LifePoint Health (LifePoint Health) Total Inventories : $155 Mil (As of Sep. 2018)


View and export this data going back to 1999. Start your Free Trial

What is LifePoint Health Total Inventories?

LifePoint Health's total inventories for the quarter that ended in Sep. 2018 was $155 Mil. LifePoint Health's average total inventories from the quarter that ended in Jun. 2018 to the quarter that ended in Sep. 2018 was $154 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. LifePoint Health's Net-Net Working Capital per share for the quarter that ended in Sep. 2018 was $-81.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. LifePoint Health's Days Inventory for the three months ended in Sep. 2018 was 13.81.

Inventory Turnover measures how fast the company turns over its inventory within a year. LifePoint Health's Inventory Turnover for the quarter that ended in Sep. 2018 was 6.61.

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. LifePoint Health's Inventory-to-Revenue for the quarter that ended in Sep. 2018 was 0.10.


LifePoint Health Total Inventories Historical Data

The historical data trend for LifePoint Health'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.

LifePoint Health Total Inventories Chart

LifePoint Health Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.00 115.20 127.70 154.30 153.10

LifePoint Health Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 152.60 153.10 151.50 152.90 154.60

LifePoint Health 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.


LifePoint Health  (NAS:LPNT) 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.

LifePoint Health's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2018 is

Net-Net Working Capital Per Share (Q: Sep. 2018 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(160.1+0.75 * 803.7+0.5 * 154.6-3940.4
-0-42.1)/38.7411
=-81.11

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

LifePoint Health's Days Inventory for the three months ended in Sep. 2018 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2018 )/Cost of Goods Sold (Q: Sep. 2018 )*Days in Period
=153.75/1015.8*365 / 4
=13.81

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

LifePoint Health's Inventory Turnover for the quarter that ended in Sep. 2018 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2018 ) / Average Total Inventories (Q: Sep. 2018 )
=1015.8 / 153.75
=6.61

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.

LifePoint Health's Inventory to Revenue for the quarter that ended in Sep. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2018 ) / Revenue (Q: Sep. 2018 )
=153.75 / 1557
=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.


LifePoint Health Total Inventories Related Terms

Thank you for viewing the detailed overview of LifePoint Health's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


LifePoint Health (LifePoint Health) Business Description

Traded in Other Exchanges
N/A
Address
LifePoint Health owns and operates community hospitals, regional health systems, physician practices, outpatient centers, and post-acute facilities in the United States. The firm primarily generates revenue through hospital services offered at its facilities. These services include general surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, rehabilitation services, and pediatric services. LifePoint receives the majority of its revenue from health maintenance organizations (HMOs), preferred provider organizations (PPOs), and other private insurers. It receives the next largest proportion of revenue from Medicare and Medicaid.
Executives
Kermit R Crawford director 200 WILMOT ROAD, DEERFIELD IL 60015
Jana R Schreuder director 50 S LA SALLE ST, CHICAGO IL 60675
Reed Vaughn Tuckson director C/O UNITEDHEALTH GROUP INCORPORATED, 9900 BREN ROAD EAST, MINNETONKA MN 55123
Michael P Haley director 200 NORTH HAMILTON STREET, NO. 200, HIGH POINT NC 27260
Marguerite Sallee director C/O BRIGHT HORIZONS FAMILY SOLUTIONS INC, 200 TALCOTT AVENUE SOUTH, WATERTOWN MA 02472
Carpenter William F Iii director, officer: Chairman and CEO C/O FB FINANCIAL CORP, 211 COMMERCE STREET, SUITE 300, NASHVILLE TN 37201
Maupin John E Jr D D S director 103 POWELL COURT SUITE 200, BRENTWOOD TN 37027
Paul D Gilbert officer: EVP, Chief Legal Officer 103 POWELL COURT, SUITE 200, BRENTWOOD TN 37027
Gregory T. Bier director CINCINNATI FINANCIAL CORPORATION, P.O. BOX 145496, CINCINNATI OH 45250-5496
Marilyn B Tavenner director 13600 BUTLERS ROAD, AMELIA COURT HOUSE VA 23002
Jeffrey Scott Sherman officer: EVP and CFO 103 POWELL COURT, SUITE 200, BRENTWOOD TN 37027
Gary D Willis officer: SVP,Chief Accounting Officer 3854 AMERICAN WAY, SUITE A, BATON ROUGE LA 70816