DaVita HealthCare Partners Inc (DVA)
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 | 2,262,201 | 2,296,448 | 2,281,206 | 2,285,388 | 2,245,510 | 2,196,458 | 2,191,013 | 2,129,720 | 2,087,799 | 2,011,506 | 1,915,202 | 1,896,587 | 1,875,950 | 1,721,955 | 1,804,413 | 1,810,218 | 1,781,346 | 1,874,747 | 1,867,238 | 1,821,233 |
| Inventory | US$ in thousands | 134,559 | 128,999 | 126,765 | 145,808 | 143,105 | 109,620 | 110,299 | 106,770 | 109,122 | 106,845 | 109,522 | 107,722 | 107,428 | 114,096 | 115,369 | 116,322 | 111,625 | 106,254 | 97,902 | 95,685 |
| Inventory turnover | 16.81 | 17.80 | 18.00 | 15.67 | 15.69 | 20.04 | 19.86 | 19.95 | 19.13 | 18.83 | 17.49 | 17.61 | 17.46 | 15.09 | 15.64 | 15.56 | 15.96 | 17.64 | 19.07 | 19.03 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $2,262,201K ÷ $134,559K
= 16.81
DaVita HealthCare Partners Inc's inventory turnover ratio has shown a relatively stable trend over the reported periods. The inventory turnover ratio measures how efficiently a company manages its inventory by indicating how many times a company sells and replaces its average inventory within a specific timeframe.
From March 31, 2020 to December 31, 2024, DaVita's inventory turnover ratio ranged from a low of 15.56 to a high of 20.04. The company experienced a slight decline in inventory turnover in the second half of 2021 and a subsequent increase in 2022 and 2023. However, by the end of 2024, the inventory turnover ratio had decreased slightly to 16.81.
Overall, the inventory turnover ratio indicates that DaVita HealthCare Partners Inc has been effectively managing its inventory levels and turning over its inventory efficiently during the period under review. An increasing trend in the inventory turnover ratio typically indicates that the company is selling goods more quickly or has improved its inventory management practices. Conversely, a decreasing trend may suggest slower sales or potential issues with inventory management.
Peer comparison
Dec 31, 2024
Dec 31, 2024