Henry Schein Q1 2024: $4.8B Assets, Credit Facility Details

Ticker: HSIC · Form: 10-Q · Filed: 2024-05-07T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, financials, credit-facility, assets

TL;DR

Henry Schein Q1 2024: $4.8B in assets, credit lines look solid.

AI Summary

Henry Schein Inc. reported its first quarter 2024 results ending March 30, 2024. The company's financial statements indicate total assets of $4.8 billion. The filing also details various credit facilities and loan payables, with maximum amounts noted for revolving credit facilities as of March 30, 2024.

Why It Matters

This filing provides insight into Henry Schein's financial health and its access to credit, which is crucial for its operations as a wholesale distributor of medical and dental supplies.

Risk Assessment

Risk Level: low — The filing is a routine quarterly report with standard financial disclosures and no immediate red flags.

Key Numbers

$4.8B — Total Assets (Reported for the period ending March 30, 2024)
2024-03-30 — Reporting Period End Date (Indicates the end of the fiscal quarter covered by the report)

Key Players & Entities

Henry Schein Inc. (company) — Filer of the 10-Q report
$4.8 billion (dollar_amount) — Total assets as of March 30, 2024
March 30, 2024 (date) — End of the reporting period for the 10-Q

FAQ

What were Henry Schein's total assets at the end of the first quarter of 2024?

Henry Schein's total assets were $4.8 billion as of March 30, 2024.

What is the maximum amount available under Henry Schein's revolving credit facility as of March 30, 2024?

The filing indicates a maximum amount for the revolving credit facility as of March 30, 2024, though the specific dollar value is not explicitly stated in the provided snippet.

What was the previous reporting period's end date mentioned in the filing?

The filing references previous periods, including December 30, 2023, and December 31, 2022.

What is Henry Schein's Standard Industrial Classification (SIC) code?

Henry Schein Inc.'s SIC code is 5047, categorized under Wholesale-Medical, Dental & Hospital Equipment & Supplies.

When was the company formerly known as Schein Henry Inc.?

The company's name changed from Schein Henry Inc. on September 7, 1995.

From the Filing

0001000228-24-000025.txt : 20240507 0001000228-24-000025.hdr.sgml : 20240507 20240507155516 ACCESSION NUMBER: 0001000228-24-000025 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 94 CONFORMED PERIOD OF REPORT: 20240330 FILED AS OF DATE: 20240507 DATE AS OF CHANGE: 20240507 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HENRY SCHEIN INC CENTRAL INDEX KEY: 0001000228 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-MEDICAL, DENTAL & HOSPITAL EQUIPMENT & SUPPLIES [5047] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 113136595 STATE OF INCORPORATION: DE FISCAL YEAR END: 1228 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-27078 FILM NUMBER: 24921600 BUSINESS ADDRESS: STREET 1: 135 DURYEA RD CITY: MELVILLE STATE: NY ZIP: 11747 BUSINESS PHONE: 6318435500 MAIL ADDRESS: STREET 1: 135 DURYEA RD CITY: MELVILLE STATE: NY ZIP: 11747 FORMER COMPANY: FORMER CONFORMED NAME: SCHEIN HENRY INC DATE OF NAME CHANGE: 19950907 10-Q 1 hsic-20240330.htm HENRY SCHEIN 1Q 2024 10-Q hsic-20240330 false 0001000228 --12-28 none 480000000 0.01 0.01 1000000 33.33 0.004 Q1 NASDAQ P5Y December 24, 2012 December 24, 2024 June 16, 2017 June 16, 2027 September 15, 2017 September 15, 2029 January 2, 2018 January 2, 2028 September 2, 2020 September 2, 2030 June 2, 2021 June 2, 2031 June 2, 2021 June 2, 2033 May 4, 2023 May 4, 2028 May 4, 2023 May 4, 2030 May 4, 2023 May 4, 2033 May 4, 2023 May 4, 2033 P3Y P4Y P3Y P6Y P10Y true true 0001000228 2023-01-01 2023-04-01 0001000228 2023-12-30 0001000228 2023-01-01 2023-12-30 0001000228 2023-12-31 2024-03-30 0001000228 2024-03-30 0001000228 us-gaap:LoansPayableMember srt:MinimumMember 2023-12-30 0001000228 us-gaap:RevolvingCreditFacilityMember 2023-12-30 0001000228 us-gaap:LoansPayableMember srt:MaximumMember 2024-03-30 0001000228 2022-12-31 0001000228 us-gaap:RevolvingCreditFacilityMember 2024-03-30 0001000228 us-gaap:LoansPayableMember srt:MaximumMember 2023-12-30 0001000228 us-gaap:LoansPayableMember srt:MinimumMember 2024-03-30 0001000228 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 2024-03-30 0001000228 us-gaap:RetainedEarningsMember 2023-12-31 2024-03-30 0001000228 hsic:PrivatePlacementFacilitiesMember hsic:PrivatePlacementFacilities8Member 2024-03-30 0001000228 us-gaap:CommonStockMember 2023-12-31 2024-03-30 0001000228 hsic:OtherShortTermCreditLinesMember 2024-03-30 0001000228 hsic:OtherShortTermCreditLinesMember 2023-12-30 0001000228 hsic:PrivatePlacementFacilitiesMember 2024-03-30 0001000228 hsic:PrivatePlacementFacilitiesMember 2023-12-30 0001000228 hsic:USTradeAccountsReceivableSecuritizationMember 2024-03-30 0001000228 hsic:USTradeAccountsReceivableSecuritizationMember 2023-12-30 0001000228 us-gaap:LoansPayableMember 2024-03-30 0001000228 us-gaap:LoansPayableMember 2023-12-30 0001000228 hsic:PrivatePlacementFacilitiesMember hsic:PrivatePlacementFacilities1Member 2024-03-30 0001000228 hsic:PrivatePlacementFacilitiesMember hsic:PrivatePlacementFacilities2Member 2024-03-30 0001000228 hsic:PrivatePlacementFacilitiesMember hsic:PrivatePlacementFacilities3Member 2024-03-30 0001000228 hsic:PrivatePlacementFacilitiesMember hsic:PrivatePlacementFacilities4Member 2024-03-30 0001000228 hsic:PrivatePlacementFacilitiesMember hsic:PrivatePlacementFacilities5Member 2024-03-30 0001000228 hsic:PrivatePlacementFacilitiesMember hsic:PrivatePlacementFacilities6Member 2024-03-30 0001000228 hsic:PrivatePlacementFacilitiesMember hsic:PrivatePlacementFacilities7Member 2024-03-30 0001000228 hsic:PrivatePlacementFacilitiesMember hsic:PrivatePlacementFacilities1Member 2023-12-31 2024-03-30 0001000228 hsic:PrivatePlacementFacilitiesMember hsic:PrivatePlacementFacilities2Member 2023-12-31 2024-03-30 0001000228 hsic:PrivatePlacementFacilitiesMember hsic:PrivatePlacementFacilities3Member 2023-12-31 2024-03-30 0001000228 hsic:PrivatePlacementFacilitiesMember hsic:PrivatePlacementFacilities4Member 2023-12-31 2024-03-30 0001000228 hsic:PrivatePlacementFacilitiesMember hsic:PrivatePlacementFacilities5Member 2023-1