Amedisys Inc (AMED)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,330,650 | 1,245,510 | 1,260,420 | 1,233,360 | 1,185,370 |
| Inventory | US$ in thousands | — | — | 25,221 | 13,431 | 11,766 |
| Inventory turnover | — | — | 49.98 | 91.83 | 100.75 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $1,330,650K ÷ $—K
= —
To analyze Amedisys Inc's inventory turnover over the past few years, we observe a decreasing trend. In 2020, the inventory turnover stood at 100.75, indicating that the company sold its inventory more than 100 times during that year. However, this ratio decreased to 91.83 by the end of 2021, suggesting a slight slowdown in inventory turnover.
The trend continued to decline significantly in 2022, dropping to 49.98. This sharp decrease may indicate challenges in managing inventory levels efficiently or changes in demand patterns impacting sales frequency.
Moreover, the data shows that inventory turnover figures are not available for the years 2023 and 2024. This missing data could be due to various reasons, such as a change in reporting practices, mergers or acquisitions, or other significant events affecting inventory management.
Overall, a declining trend in inventory turnover may suggest potential inefficiencies in inventory management or slower inventory turnover, which could lead to increased holding costs and liquidity concerns. Amedisys Inc may need to further assess and improve its inventory control strategies to enhance operational efficiency and financial performance.
Peer comparison
Dec 31, 2024