Astrana Health Inc (ASTH)
Inventory turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 1,367,918 | 1,017,750 | 940,055 | 898,011 | 831,339 | 1,043,599 | 919,324 | 826,960 | 727,380 | 644,596 | 631,048 | 595,083 | 588,476 | 590,610 | 607,458 | 610,713 | 575,924 | 509,382 | 453,332 | 413,818 |
| Inventory | US$ in thousands | — | — | — | 345 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory turnover | — | — | — | 2,602.93 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
March 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $1,367,918K ÷ $—K
= —
Based on the provided data, Astrana Health Inc's inventory turnover for the quarter ended June 30, 2023, is 2,602.93. This indicates that the company sold and replaced its inventory 2,602.93 times during that period. A high inventory turnover ratio suggests that the company is efficiently managing its inventory by quickly selling and replenishing its stock, which can lead to lower holding costs and reduced risk of inventory obsolescence. Analyzing the trend of this ratio over multiple periods can provide insights into the company's inventory management efficiency and overall operational performance.