The historical rank and industry rank for Teladoc Health's Days Inventory or its related term are showing as below:
TDOC'
s Days Inventory Range Over the Past 10 Years
Min: 19.37 Med: 34.06 Max: 52.76
Current: 19.37
During the past 11 years, Teladoc Health's highest Days Inventory was 52.76. The lowest was 19.37. And the median was 34.06.
TDOC's Days Inventory is ranked better than 66.6% of 470
companies
in the Healthcare Providers & Services industry
Industry Median: 32.305
vs TDOC: 19.37
Teladoc Health's Days Inventory
declined
from Dec. 2022 (27.95) to Dec. 2023 (15.43).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Teladoc Health's Inventory Turnover for the
three
months ended in Dec. 2023 was 5.91.
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.
Teladoc Health's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.05.
Teladoc Health Days Inventory Historical Data
The historical data trend for Teladoc Health'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.
Competitive Comparison of Teladoc Health's Days Inventory
For the Health Information Services subindustry, Teladoc Health'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.
Teladoc Health's Days Inventory Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Teladoc Health's Days Inventory distribution charts can be found below:
* The bar in red indicates where Teladoc Health's Days Inventory falls into.
Teladoc Health Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Teladoc Health's Days Inventory for the fiscal year that 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.
Teladoc Health (NYSE:TDOC) 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.
Teladoc Health'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.
Teladoc Health'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.
Teladoc Health Days Inventory Related Terms
Thank you for viewing the detailed overview of Teladoc Health's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Teladoc Health (Teladoc Health) Business Description
Teladoc Health is a virtual health provider with a telehealth platform delivering 24-hour, on-demand healthcare via mobile devices, the internet, video, and phone. It also offers remote patient monitoring programs for chronic care management. Its platform connects members with a network of physicians and behavioral health professionals. Most of the company's revenue is generated from access fees on a subscription basis (per member, per month). The balance comes from visit fees and equipment rental and sales to hospital systems. Since inception, Teladoc has primarily partnered with employers, health plans, and health systems to offer network access to their members; it has also started to market directly to consumers while expanding its service portfolio.
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