Acadia Healthcare Company Inc (ACHC)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 112,713 | 2,246,130 | 1,493,630 | 1,334,510 | 1,241,760 |
| Inventory | US$ in thousands | 5,654 | 5,300 | 5,087 | 4,786 | 4,851 |
| Inventory turnover | 19.94 | 423.80 | 293.62 | 278.84 | 255.98 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $112,713K ÷ $5,654K
= 19.94
To analyze Acadia Healthcare Company Inc's inventory turnover, we observe a consistent improvement in efficiency over the years. The inventory turnover ratio increased notably from 255.98 in December 31, 2020, to 423.80 in December 31, 2023, indicating that the company's ability to sell and replace its inventory has accelerated. However, there was a significant drop in the inventory turnover to 19.94 in December 31, 2024, which may raise concerns about overstocking or potential issues with demand forecasting during that period. It is crucial for the company to monitor its inventory levels closely to ensure optimal management and maintain a healthy balance between sales and inventory replenishment.
Peer comparison
Dec 31, 2024