Cross Country Healthcare Inc (CCRN)

Inventory turnover

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cost of revenue	US$ in thousands	1,872,980	2,510,590	1,521,640	829,794	820,362
Inventory	US$ in thousands	—	11,067	7,648	5,455	6,097
Inventory turnover		—	226.85	198.96	152.12	134.55

December 31, 2023 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $1,872,980K ÷ $—K
= —

To calculate Cross Country Healthcares, Inc.'s inventory turnover for each year, we need information on the cost of goods sold and average inventory for those respective years. The inventory turnover formula is Cost of Goods Sold divided by Average Inventory. Unfortunately, without the specific figures for the cost of goods sold and average inventory, we cannot compute the inventory turnover for any of the listed years. This ratio is crucial as it indicates how efficiently the company manages its inventory by showing how many times a company sells and replaces its inventory during a specific period. A higher inventory turnover is generally preferred as it signifies that the company is efficiently managing its inventory levels and generating sales. Further analysis would require access to additional financial data for a comprehensive assessment of Cross Country Healthcares, Inc.'s performance in inventory management over the specified years.