Laboratory Corporation of America Holdings (LH)

Exchange
NYSE
Symbol
LH
Sector
Life Sciences
Industry
Services-medical Laboratories
Description
Laboratory Corporation of America Holdings, more commonly known as Labcorp, is an American company headquartered in Burlington, North Carolina. It operates one of the largest clinical laboratory networks in the world, with a United States network of 36 primary laboratories.
Country
USA

Stock price

At close: November 6, 2024

  • Open
    230.02
  • High
    234.63
  • Low
    228.18
  • Close
    234.38
  • Volume
    566,922

Financial ratios

Dec 31, 2023

Activity ratios
Inventory turnover
19.83
Receivables turnover
6.77
Payables turnover
11.37
Working capital turnover
23.88
Days of inventory on hand (DOH)
18.40
Days of sales outstanding (DSO)
53.92
Number of days of payables
32.09
Fixed asset turnover
4.43
Total asset turnover
0.77
 Liquidity ratios
Current ratio
1.17
Quick ratio
0.76
Cash ratio
0.17
Cash conversion cycle
40.23
 Solvency ratios
Debt-to-assets ratio
0.24
Debt-to-capital ratio
0.34
Debt-to-equity ratio
0.51
Financial leverage ratio
2.12
Interest coverage
4.04
 Profitability ratios
Gross profit margin
27.05%
Operating profit margin
5.71%
Pretax margin
4.71%
Net profit margin
3.24%
Operating return on assets (Operating ROA)
4.41%
Return on assets (ROA)
2.50%
Return on total capital
6.76%
Return on equity (ROE)
5.31%