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

Company name
Symbol
Inventory turnover
DaVita HealthCare Partners Inc
DVA
15.69
Progyny Inc
PGNY
Sotera Health Co
SHC
9.77