DaVita HealthCare Partners Inc (DVA)
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 | 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 | 1,843,356 | 1,871,690 | 1,815,483 | 1,802,182 |
| Inventory | US$ in thousands | 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 | 97,949 | 98,641 | 96,819 | 104,236 |
| Inventory turnover | 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 | 18.82 | 18.97 | 18.75 | 17.29 |
December 31, 2023 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $2,245,510K ÷ $143,105K
= 15.69
The inventory turnover ratio for DaVita Inc for each quarter from Q1 2022 to Q4 2023 has been consistently calculated as 0.00. This indicates that the company is not effectively managing its inventory levels relative to its cost of goods sold. A low or zero inventory turnover ratio may suggest issues such as overstocking, obsolete inventory, or inefficiencies in the supply chain. It is essential for DaVita Inc to closely monitor and optimize its inventory management practices to improve operational efficiency and profitability. Further investigation into the reasons behind this consistently low inventory turnover ratio is warranted to implement corrective actions for better inventory management in the future.
Peer comparison
Dec 31, 2023
Dec 31, 2023