Elevance Health Inc (ELV)

Inventory turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cost of revenue	US$ in thousands	19,750,000	124,330,000	116,642,000	102,645,000	88,045,000
Inventory	US$ in thousands	—	-46,332,000	-11,381,000	-38,483,000	-34,331,000
Inventory turnover		—	—	—	—	—

December 31, 2024 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $19,750,000K ÷ $—K
= —

Based on the provided data, it appears that Elevance Health Inc does not have available information regarding its inventory turnover for the years spanning from December 31, 2020, to December 31, 2024. Inventory turnover is a crucial financial ratio that measures a company's efficiency in managing its inventory levels and generating sales from that inventory.

The lack of specific inventory turnover data for Elevance Health Inc makes it challenging to assess how quickly the company is selling its inventory during the stated time frame. Typically, a higher inventory turnover ratio indicates that a company is effectively managing its inventory levels, while a lower ratio may suggest overstocking or slow-moving inventory.

Without the numerical values for inventory turnover, it is difficult to evaluate Elevance Health Inc's operational efficiency and inventory management practices over the specified period. Additional financial information or clarification from the company may be needed to gain a comprehensive understanding of its inventory turnover dynamics.