Astrana Health Inc (ASTH)
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 | 1,775,689 | 1,475,014 | 1,345,171 | 1,217,801 | 1,171,703 | 1,114,830 | 1,084,977 | 1,026,522 | 962,229 | 881,298 | 787,920 | 693,950 | 609,462 | 570,316 | 539,995 | 535,623 | 539,211 | 553,986 | 563,293 | 528,577 |
| Inventory | US$ in thousands | — | — | — | — | — | — | 345 | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory turnover | — | — | — | — | — | — | 3,144.86 | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $1,775,689K ÷ $—K
= —
Based on the provided data, Astrana Health Inc's inventory turnover for the period ending June 30, 2023, is 3,144.86. This indicates that the company's inventory turned over approximately 3,144.86 times during that period.
Inventory turnover is a measure of how efficiently a company manages its inventory by comparing the cost of goods sold to average inventory levels. A higher inventory turnover indicates that a company is selling its inventory quickly, which is generally a positive sign as it reduces the risk of obsolescence and carrying costs.
In this case, a high inventory turnover of 3,144.86 for June 30, 2023, suggests that Astrana Health Inc is effectively managing its inventory by selling its goods quickly. This could be due to effective inventory management practices, strong demand for its products, or efficient sales and distribution strategies. However, it is important to compare this ratio with industry benchmarks and historical data to assess its significance accurately.
Peer comparison
Dec 31, 2024
Dec 31, 2024