Amedisys Inc (AMED)
Working capital 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,348,324 | 2,321,060 | 2,289,626 | 2,251,407 | 2,236,382 | 2,227,658 | 2,229,409 | 2,234,331 | 2,223,199 | 2,220,452 | 2,215,949 | 2,222,225 | 2,214,112 | 2,205,500 | 2,196,085 | 2,116,978 | 2,071,519 | 2,021,492 | 1,972,053 | 1,979,978 |
| Total current assets | US$ in thousands | 632,083 | 579,947 | 555,902 | 526,448 | 496,935 | 467,227 | 426,544 | 405,557 | 388,961 | 388,780 | 394,869 | 392,485 | 356,684 | 432,882 | 390,965 | 380,450 | 361,984 | 411,250 | 449,540 | 468,128 |
| Total current liabilities | US$ in thousands | 514,392 | 486,021 | 479,976 | 484,860 | 473,721 | 468,119 | 462,401 | 353,050 | 355,529 | 367,200 | 427,372 | 380,154 | 374,282 | 454,349 | 449,223 | 456,082 | 456,337 | 437,496 | 442,048 | 316,106 |
| Working capital turnover | 19.95 | 24.71 | 30.16 | 54.14 | 96.34 | — | — | 42.55 | 66.50 | 102.89 | — | 180.21 | — | — | — | — | — | — | 263.22 | 13.02 |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $2,348,324K ÷ ($632,083K – $514,392K)
= 19.95
The working capital turnover ratio for Amedisys Inc indicates how efficiently the company is utilizing its working capital to generate revenue. The working capital turnover is calculated by dividing revenue by the average working capital during a certain period.
The trend analysis of Amedisys Inc's working capital turnover reveals fluctuations over the past few years.
In March 2020, the working capital turnover was 13.02, which increased significantly to 263.22 by June 2020. The sharp rise in the ratio may indicate a more efficient use of working capital to generate revenue during that period.
However, from September 2020 to December 2023, the working capital turnover ratio was not available (denoted by '—'), which could suggest incomplete data or changes in financial reporting practices.
In March 2022, the working capital turnover ratio was 180.21, showing a strong ability to generate revenue utilizing working capital. This was followed by a decrease in efficiency as the ratio dropped to 30.16 by June 2024.
The trend reflects fluctuating efficiencies in using working capital to generate revenue, and further analysis would be needed to understand the reasons behind these variations and their impact on the company's overall financial performance.
Peer comparison
Dec 31, 2024