Centene Corp (CNC)
Inventory turnover
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 | Mar 31, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cost of revenue (ttm) | US$ in thousands | 136,362,000 | 132,295,000 | 130,706,000 | 129,091,000 | 127,629,000 | 100,583,000 | 73,228,000 | 45,417,000 | 16,414,000 | 15,212,000 | 14,340,000 | 14,128,000 | 14,234,000 | 13,420,000 | 12,398,000 | 11,295,000 | 9,721,000 | 9,393,000 | 9,442,000 | 9,129,000 |
Inventory | US$ in thousands | -35,184,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Inventory turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $136,362,000K ÷ $-35,184,000K
= —
Based on the data provided, the inventory turnover ratio for Centene Corp. is not available for any of the quarters listed. This indicates that the company's inventory turnover performance was not reported or calculated for the periods mentioned.
Without the specific numerical values for inventory turnover, it becomes challenging to assess Centene Corp.'s efficiency in managing its inventory levels and converting them into sales during the given quarters. The absence of this key ratio prevents us from gaining insights into the company's inventory management practices, potential liquidity issues, or potential risks associated with excess or insufficient inventory levels.
For a more in-depth analysis of Centene Corp.'s inventory turnover and its implications for the company's operational efficiency and financial performance, further data or specific calculations would be required.
Peer comparison
Dec 31, 2023
Dec 31, 2023