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BrightSpring Health Services (BrightSpring Health Services) Change In Inventory : $-10 Mil (TTM As of Mar. 2024)


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What is BrightSpring Health Services Change In Inventory?

BrightSpring Health Services's change in inventory for the quarter that ended in Mar. 2024 was $30 Mil. It means BrightSpring Health Services's inventory declined by $30 Mil from Dec. 2023 to Mar. 2024 .

BrightSpring Health Services's change in inventory for the fiscal year that ended in Dec. 2023 was $29 Mil. It means BrightSpring Health Services's inventory declined by $29 Mil from Dec. 2022 to Dec. 2023 .

BrightSpring Health Services's Total Inventories for the quarter that ended in Mar. 2024 was $374 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BrightSpring Health Services's Days Inventory for the quarter that ended in Mar. 2024 was 16.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. BrightSpring Health Services's Inventory Turnover for the quarter that ended in Mar. 2024 was 5.69.

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. BrightSpring Health Services's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.15.


BrightSpring Health Services Change In Inventory Historical Data

The historical data trend for BrightSpring Health Services's Change In 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.

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BrightSpring Health Services Change In Inventory Chart

BrightSpring Health Services Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial -16.03 -95.73 4.29 -131.83 28.66

BrightSpring Health Services Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In 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 69.21 -32.51 16.54 -24.58 30.49

BrightSpring Health Services Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-10 Mil.

* 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.


BrightSpring Health Services  (NAS:BTSG) Change In Inventory Explanation

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

BrightSpring Health Services's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=388.258/2207.247*365 / 4
=16.05

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

BrightSpring Health Services's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

3. 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.

BrightSpring Health Services's Inventory to Revenue for the quarter that ended in Mar. 2024 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.


BrightSpring Health Services Change In Inventory Related Terms

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BrightSpring Health Services (BrightSpring Health Services) Business Description

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BrightSpring Health Services Inc is a platform of complementary health services delivering provider and pharmacy solutions for complex populations in home and community settings. Its platform delivers clinical services and pharmacy solutions across Medicare, Medicaid, and commercially insured populations.

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