HSIC · 10-Q · 2026Q2 · Full report

Operating Cash Flow Trends

HENRY SCHEIN INC · 2026-08-04 · Importance 37 · Surprise 32

Net cash provided by operating activities decreased to $145 million in the six months ended June 27, 2026 from $157 million in the prior-year period. The $12 million decline primarily reflected changes in accounts receivable, inventory, accounts payable, and accrued expenses, partly offset by higher operating income. Accounts-receivable days sales outstanding increased to 45.7 days from 44.7 days as of June 28, 2025. Inventory turns decreased to 4.6 from 4.7, and the company wrote off approximately $7 million of fully reserved trade receivables during the six months.

Key facts

• Net cash provided by operating activities was $145 million for the six months ended June 27, 2026, compared to $157 million for the six months ended June 28, 2025, a decrease of $12 million primarily attributable to changes in working capital. source