AMN Healthcare Services Inc (AMN)
Activity ratios
Short-term
Turnover ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | 60.73 | 32.73 | 24.71 | 20.88 | 20.42 | 33.04 | 32.82 | 18.01 | 22.24 | 17.40 | 22.42 | 14.04 | 10.49 | 12.59 | 14.10 | 11.57 | 21.61 | 18.42 | 17.64 | 10.07 |
AMN Healthcare Services Inc's activity ratios reflect the company's efficiency in managing its assets and liabilities to generate sales.
1. Inventory Turnover: AMN Healthcare's inventory turnover has shown fluctuations over the years. The ratio has generally been high, indicating that the company is efficient in managing its inventory levels. The significant increase in inventory turnover from 2022 to 2023 suggests improved efficiency in selling and replenishing inventory.
2. Receivables Turnover: The data provided does not show any values for receivables turnover, indicating that receivables turnover ratios are not available for analysis. This could be due to the nature of the company's operating cycle or data availability.
3. Payables Turnover: Similar to receivables turnover, payables turnover ratios are not available in the provided data. Without this information, it is challenging to assess how actively AMN Healthcare is managing its trade payables.
4. Working Capital Turnover: AMN Healthcare's working capital turnover has shown fluctuations over the years, with a general trend of improvement. The ratio measures the efficiency of utilizing working capital to generate sales. The company has shown varying levels of effectiveness in converting its working capital into revenue, with a notable increase in turnover from 2022 to 2023, indicating improved efficiency in this aspect.
In conclusion, while AMN Healthcare Services Inc has demonstrated efficiency in managing its inventory and working capital to generate sales, the lack of data on receivables and payables turnover limits a comprehensive analysis of the company's overall activity ratios.
Average number of days
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — | — | — | — | — | 6.58 | — | 4.41 | 6.06 | 8.15 | 13.88 | 6.49 | 7.01 | 8.14 | 8.85 | 7.18 | 7.55 | 8.47 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on the provided data for AMN Healthcare Services Inc, let's analyze the activity ratios:
1. Days of Inventory on Hand (DOH):
- The DOH decreased steadily from 8.47 days on March 31, 2020, to a low of 4.41 days on September 30, 2022.
- There was a significant spike to 13.88 days on December 31, 2021, before dropping back to 6.58 days on March 31, 2023.
- The DOH measure indicates the number of days the company holds inventory before it is sold. AMN Healthcare Services Inc has shown fluctuations in managing its inventory levels efficiently over the given periods.
2. Days of Sales Outstanding (DSO):
- The DSO data is not available for any of the reported periods, which limits our ability to assess the efficiency of the company in collecting its accounts receivable promptly.
3. Number of Days of Payables:
- Similar to DSO, data for the number of days of payables is not provided for any of the periods, preventing an evaluation of the company's ability to manage its payables effectively.
In conclusion, based on the available data, AMN Healthcare Services Inc has shown varying levels of efficiency in managing its inventory over time. However, the lack of information on DSO and payables hinders a comprehensive assessment of the company's overall activity performance.
Long-term
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed asset turnover | — | — | — | — | — | 21.84 | 24.70 | 31.02 | 35.12 | 34.36 | 33.29 | 35.87 | 25.72 | 25.46 | 15.07 | 22.39 | 20.60 | 20.84 | 20.75 | 19.64 |
| Total asset turnover | 1.24 | 1.15 | 1.17 | 1.21 | 1.30 | 1.54 | 1.66 | 1.67 | 1.82 | 1.82 | 1.73 | 1.43 | 1.27 | 1.20 | 1.11 | 1.01 | 1.02 | 1.00 | 1.00 | 0.93 |
The fixed asset turnover ratio measures how efficiently a company uses its fixed assets to generate sales. AMN Healthcare Services Inc's fixed asset turnover has fluctuated over the years, generally showing an increasing trend. The ratio ranged from 19.64 in March 2020 to a peak of 35.87 in March 2022, indicating that the company was generating $35.87 in sales for every dollar invested in fixed assets.
However, the ratio exhibited a decreasing trend after March 2022, dropping to 24.70 in June 2023 and further declining to 21.84 in September 2023. Since December 31, 2023, data for this ratio is unavailable.
On the other hand, the total asset turnover ratio reflects the company's overall efficiency in generating sales from all assets. AMN Healthcare Services Inc's total asset turnover increased gradually over the years. The ratio was 0.93 in March 31, 2020, and it reached a peak of 1.82 in both September 30, 2022, and December 31, 2022. This indicates that the company was able to generate $1.82 in sales for each dollar of assets during these periods.
Subsequently, the total asset turnover ratio declined to 1.17 in June 30, 2024. This decrease suggests that the company may not be utilizing its assets as efficiently to generate sales.
Overall, while AMN Healthcare Services Inc's fixed asset turnover showed fluctuations and some decline in recent periods, the total asset turnover ratio demonstrated a general upward trend, except for a decline in the latest period. Further monitoring and analysis of these ratios will be necessary to assess the company's ongoing operational efficiency and asset utilization.