Encompass Health Corp (EHC)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 2,901,000 | 3,867,700 | 202,100 | 209,300 | 200,500 |
| Inventory | US$ in thousands | — | 72,700 | 31,600 | 65,100 | 65,400 |
| Inventory turnover | — | 53.20 | 6.40 | 3.22 | 3.07 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $2,901,000K ÷ $—K
= —
Encompass Health Corp's inventory turnover has shown a steady increase over the years, reflecting an improvement in managing its inventory levels efficiently. The ratio has progressed from 3.07 in December 2020 to 3.22 in December 2021 and significantly jumped to 6.40 in December 2022. This surge suggests a more rapid rate of inventory turnover, indicating that the company is selling its goods more quickly.
However, the most notable increase occurred in December 2023, with the inventory turnover skyrocketing to 53.20. This exceptionally high ratio implies that Encompass Health Corp may have significantly reduced its average inventory levels or experienced a surge in sales during that period.
It is important to note the missing data for December 31, 2024, marked as "—". The absence of a specific value for that year makes it challenging to assess the current status of inventory turnover. Further information would be required to understand the trend continuation or any potential deviations in the company's inventory management efficiency.
Peer comparison
Dec 31, 2024