DaVita HealthCare Partners Inc (DVA)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 2,262,200 | 2,245,510 | 2,087,800 | 1,875,950 | 1,878,020 |
| Inventory | US$ in thousands | 134,559 | 143,105 | 109,122 | 107,428 | 111,625 |
| Inventory turnover | 16.81 | 15.69 | 19.13 | 17.46 | 16.82 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $2,262,200K ÷ $134,559K
= 16.81
DaVita HealthCare Partners Inc has shown a consistent improvement in its inventory turnover ratio over the past five years. The ratio increased from 16.82 in December 31, 2020, to 17.46 in December 31, 2021, further rising to 19.13 in December 31, 2022. However, there was a slight decline in the inventory turnover to 15.69 in December 31, 2023, before rebounding to 16.81 in December 31, 2024. This indicates the company's ability to manage its inventory efficiently, converting it into sales at a faster pace, which is generally a positive sign. The fluctuations in the ratio may be due to changes in sales volumes, inventory management processes, or economic conditions. Overall, the increasing trend in inventory turnover reflects effective inventory management practices at DaVita HealthCare Partners Inc.
Peer comparison
Dec 31, 2024