Centene Corp (CNC)
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 | 141,654,000 | 140,752,000 | 133,099,000 | 127,916,000 | 126,469,000 | 126,588,000 | 128,146,000 | 129,374,000 | 127,891,000 | 125,111,000 | 121,968,000 | 118,248,000 | 111,783,000 | 107,833,000 | 104,265,000 | 99,396,000 | 95,899,000 | 87,704,000 | 79,369,000 | 72,581,000 |
| Inventory | US$ in thousands | — | — | -36,801,000 | -36,491,000 | -35,184,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $141,654,000K ÷ $—K
= —
The inventory turnover ratio for Centene Corp is unavailable for the period spanning from March 31, 2020, to December 31, 2024. Inventory turnover is a financial ratio that measures how many times a company's inventory is sold and replaced over a specific period. A higher inventory turnover ratio is generally preferred as it indicates that the company is efficiently managing its inventory levels by quickly selling products.
Without the specific inventory turnover values for Centene Corp, it is challenging to assess the efficiency of its inventory management practices. Ideally, a consistent and healthy inventory turnover ratio over time would suggest effective inventory control and management, ensuring optimal use of resources and minimizing carrying costs. Monitoring changes in inventory turnover can provide insights into the company's supply chain management, demand forecasting, and overall operational efficiency.
Peer comparison
Dec 31, 2024
Dec 31, 2024