HSIC · 10-Q · 2026Q2 · Full report

Supply Chain and Inventory

HENRY SCHEIN INC · 2026-08-04 · Importance 9 · Surprise 6

Henry Schein’s working-capital requirements increase with sales, special inventory forward-buy opportunities, and payment terms for receivables and payables. Inventory purchasing depends on sales activity, forward-buy opportunities, and desired inventory levels, with seasonal demand generally making requirements higher from the end of the third quarter through the first quarter of the following year. Inventory turns from operations decreased to 4.6 at June 27, 2026 from 4.7 at June 28, 2025, while the company continues to depend on suppliers’ access to products and services.

Key facts

• During the six months ended June 27, 2026 Henry Schein wrote off approximately $7 million of fully reserved accounts receivable against its trade receivable reserve. source
• Henry Schein's accounts receivable days sales outstanding from operations increased to 45.7 days as of June 27, 2026 from 44.7 days as of June 28, 2025. source
• Inventory turns from operations decreased to 4.6 as of June 27, 2026 from 4.7 as of June 28, 2025. source