Addus HomeCare Corporation (ADUS)
Inventory turnover
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 967,700 | 945,550 | 920,647 | 902,252 | 883,556 | 862,604 | 838,927 | 819,726 | 798,563 | 777,559 | 759,721 | 733,845 | 720,468 | 712,371 | 693,430 | 660,440 | 614,096 | 571,178 | 509,871 | 463,752 |
| Inventory | US$ in thousands | — | — | 0 | — | — | 0 | — | 2,070 | — | — | — | — | — | — | 2,040 | — | — | — | — | — |
| Inventory turnover | — | — | — | — | — | — | — | 396.00 | — | — | — | — | — | — | 339.92 | — | — | — | — | — |
December 31, 2023 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $967,700K ÷ $—K
= —
Unfortunately, without specific data on inventory levels and cost of goods sold, it is currently impossible to calculate the inventory turnover ratio for Addus HomeCare Corporation in any of the mentioned quarters. This ratio is crucial in evaluating how efficiently the company is managing its inventory. A higher inventory turnover ratio typically indicates effective inventory management, as it shows how many times a company has sold and replaced its inventory within a specific period. Conversely, a low inventory turnover ratio could suggest inefficiencies in inventory management, such as overstocking or slow-moving inventory. For a more in-depth analysis, additional financial data is required to calculate the inventory turnover ratio accurately and draw meaningful conclusions about Addus HomeCare Corporation's operational efficiency.
Peer comparison
Dec 31, 2023
Dec 31, 2023