AMN Healthcare Services Inc (AMN)

Inventory turnover

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cost of revenue	US$ in thousands	3,450,820	4,596,140	3,506,240	2,244,450	1,478,640
Inventory	US$ in thousands	—	—	101,722	38,846	36,046
Inventory turnover		—	—	34.47	57.78	41.02

December 31, 2023 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $3,450,820K ÷ $—K
= —

To calculate the inventory turnover ratio for AMN Healthcare Services Inc., we need data on the cost of goods sold and the average inventory for each year. Since the table provided does not include the necessary information, it is not possible to compute the inventory turnover ratio for the given years.

The inventory turnover ratio is a key financial metric that indicates how efficiently a company manages its inventory by showing how many times the company sells and replaces its inventory over a specific period. A higher inventory turnover ratio generally indicates more efficient inventory management and indicates that the company is selling its products quickly.

Without the specific figures for cost of goods sold and average inventory for the relevant years, we are unable to analyze AMN Healthcare Services Inc.'s inventory turnover performance. It is recommended to obtain the necessary financial data to calculate the inventory turnover ratio and gain insights into the company's operational efficiency in managing its inventory.