Amedisys Inc (AMED)

Inventory turnover

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cost of revenue	US$ in thousands	2,597,050	2,548,900	2,447,220	2,333,770	2,169,450
Inventory	US$ in thousands	—	25,221	13,431	11,766	74,439
Inventory turnover		—	101.06	182.21	198.35	29.14

December 31, 2023 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $2,597,050K ÷ $—K
= —

To calculate Amedisys Inc.'s inventory turnover for the years 2019 to 2023, we would need two key pieces of information: cost of goods sold (COGS) and average inventory. Without these specific figures provided in the table, it is not possible to compute the inventory turnover ratio for the mentioned years.

Inventory turnover is a financial ratio that measures how efficiently a company manages its inventory by showing how many times a company's inventory is sold and replaced over a specific period. A higher inventory turnover ratio generally indicates that a company is selling its goods quickly and effectively managing its inventory levels. Conversely, a lower ratio may suggest inefficiencies in inventory management or slow-moving inventory.

Without the necessary data, we cannot assess Amedisys Inc.'s inventory turnover trend or compare it to industry averages or its competitors. To understand the company's inventory management performance, further information on COGS and average inventory for the respective years would be required.