AMN Healthcare Services Inc (AMN)
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 | 2,150,225 | 2,233,140 | 2,322,643 | 2,429,702 | 2,580,988 | 2,732,610 | 2,922,213 | 3,227,565 | 3,526,558 | 3,705,020 | 3,523,395 | 3,133,927 | 2,674,634 | 2,169,646 | 1,964,709 | 1,798,618 | 1,601,936 | 1,567,963 | 1,578,531 | 1,523,355 |
| Inventory | US$ in thousands | — | — | 0 | 0 | 0 | — | 0 | 58,196 | — | 44,783 | 58,471 | 69,947 | 101,722 | 38,604 | 37,715 | 40,136 | 38,846 | 30,841 | 32,658 | 35,330 |
| Inventory turnover | — | — | — | — | — | — | — | 55.46 | — | 82.73 | 60.26 | 44.80 | 26.29 | 56.20 | 52.09 | 44.81 | 41.24 | 50.84 | 48.34 | 43.12 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $2,150,225K ÷ $—K
= —
The inventory turnover ratio of AMN Healthcare Services Inc has shown fluctuations over the past few years. The ratio indicates how many times the company's inventory is sold and replaced over a specific period. A higher inventory turnover typically suggests efficient inventory management.
From March 31, 2020, to June 30, 2021, the inventory turnover steadily increased from 43.12 to 52.09, indicating improving efficiency in managing inventory levels. However, there was a slight decline in the ratio for December 31, 2021, which might indicate a temporary slowdown in sales relative to inventory levels.
The ratio significantly surged to 82.73 by September 30, 2022, potentially signaling a more robust sales performance or tighter inventory control by the company. However, the absence of data for subsequent periods makes it challenging to determine the trend.
It is essential for AMN Healthcare Services Inc to continue monitoring and managing its inventory turnover effectively to ensure optimal utilization of resources and to meet customer demands efficiently. An increasing ratio is generally favorable, but the company should also consider factors like seasonality, market trends, and operational changes that may influence inventory turnover in the future.
Peer comparison
Dec 31, 2024
Dec 31, 2024