CorVel Corp (CRVL)

Inventory turnover

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021
Cost of revenue US$ in thousands 685,861 623,618 560,303 494,116 429,020
Inventory US$ in thousands -91,315,600 0
Inventory turnover

March 31, 2025 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $685,861K ÷ $—K
= —

The inventory turnover of CorVel Corp for the years ending March 31, 2021, 2022, 2023, 2024, and 2025 is indicated as "—". This suggests that the company does not readily disclose its inventory turnover ratio in its financial statements for these periods.

Inventory turnover ratio is a critical financial metric that measures how efficiently a company manages its inventory by indicating how many times a company sells and replaces its inventory over a specific period. A higher inventory turnover ratio typically indicates that a company can effectively sell its products and restock its inventory, which can lead to better cash flow and profitability.

Due to the absence of specific data on CorVel Corp's inventory turnover, it is challenging to assess the company's efficiency in managing its inventory and its overall operational performance in this aspect. Investors and analysts typically use this ratio to evaluate a company's inventory management strategy and efficiency in turning inventory into sales.