Encompass Health Corp (EHC)
Inventory turnover
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Cost of revenue | US$ in thousands | 2,866,100 | 2,610,200 | 3,179,800 | 2,934,000 | 2,914,800 |
Inventory | US$ in thousands | — | 31,600 | 65,100 | 65,400 | 57,400 |
Inventory turnover | — | 82.60 | 48.84 | 44.86 | 50.78 |
December 31, 2023 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $2,866,100K ÷ $—K
= —
To calculate Encompass Health Corp's inventory turnover for the years presented, we use the formula:
Inventory Turnover = Cost of Goods Sold / Average Inventory
However, as the table does not provide data on Cost of Goods Sold or Inventory levels directly, it is not possible to compute the inventory turnover ratio for any of the listed years. This ratio is crucial as it indicates how efficiently the company is managing its inventory levels and converting them into sales.
To gain a deeper understanding of Encompass Health Corp's inventory management efficiency, further details regarding its Cost of Goods Sold and Inventory levels would be required to perform the calculations.
Peer comparison
Dec 31, 2023