Amedisys Inc (AMED)
Inventory turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 1,596,573 | 1,392,562 | 1,366,627 | 1,203,440 | 1,064,696 | 1,241,260 | 1,251,859 | 1,270,615 | 1,260,425 | 1,260,426 | 1,248,493 | 1,240,973 | 1,233,356 | 1,222,924 | 1,210,298 | 1,196,835 | 1,185,369 | 1,174,236 | 1,165,276 | 1,160,800 |
| Inventory | US$ in thousands | — | — | — | — | — | 36,438 | 29,558 | 38,418 | 25,221 | 30,515 | 37,397 | 20,296 | 13,431 | 19,830 | 12,979 | 16,449 | 11,766 | 17,455 | 13,837 | 15,543 |
| Inventory turnover | — | — | — | — | — | 34.06 | 42.35 | 33.07 | 49.98 | 41.31 | 33.38 | 61.14 | 91.83 | 61.67 | 93.25 | 72.76 | 100.75 | 67.27 | 84.21 | 74.68 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $1,596,573K ÷ $—K
= —
Inventory turnover is a key financial ratio that measures how many times a company's inventory is sold and replaced over a period. A higher inventory turnover ratio generally indicates efficient management of inventory and a faster sales process.
Analyzing the inventory turnover of Amedisys Inc over the past few years, we observe fluctuations in the ratio. The data shows that Amedisys Inc experienced a relatively high inventory turnover in December 2020 at 100.75 times, indicating rapid sales and replenishment of inventory during that period. However, the ratio decreased in the following quarters, showing some inconsistency in managing inventory levels.
In the most recent period available, Amedisys Inc had an inventory turnover of 34.06 times as of September 30, 2023. This suggests a considerable decline in the speed at which inventory is being sold and restocked compared to the peak turnover in December 2020. It is essential for the company to assess and address factors contributing to this decline, such as potential changes in sales volumes, inventory management practices, or supply chain disruptions.
Additionally, the data shows that there are no values available for the inventory turnover ratio from December 31, 2023, onwards. This lack of data makes it difficult to further analyze the trend or provide insights into the company's current inventory turnover performance.
In conclusion, while Amedisys Inc has shown varying levels of inventory turnover over the past few years, the decreasing trend in recent periods indicates the need for the company to monitor and optimize its inventory management practices to ensure operational efficiency and profitability.
Peer comparison
Dec 31, 2024
Dec 31, 2024