Elevance Health Inc (ELV)

Inventory turnover

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Cost of revenue (ttm)	US$ in thousands	100,079,000	125,401,000	123,058,000	124,090,000	97,025,000	69,337,000	42,168,000	13,633,000	13,035,000	12,459,000	11,920,000	11,465,000	10,895,000	31,913,000	51,936,000	68,869,000	88,045,000	85,340,000	83,172,000	83,993,000
Inventory	US$ in thousands	—	-11,190,000	-17,675,000	-54,049,000	-54,005,000	-35,694,000	-7,431,000	-12,924,000	-11,381,000	-41,375,000	-47,199,000	-40,423,000	-46,242,000	-37,315,000	-31,682,000	-30,666,000	-34,391,000	-28,050,000	-27,474,000	-25,667,000
Inventory turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $100,079,000K ÷ $—K
= —

Based on the provided data, Elevance Health Inc's inventory turnover is not available for the periods from March 31, 2020, to December 31, 2024. The inventory turnover ratio is a key financial metric that indicates how efficiently a company manages its inventory by measuring the number of times inventory is sold or used in a given period.

Without the specific values for inventory turnover, it is challenging to assess Elevance Health Inc's inventory management efficiency. A high inventory turnover ratio typically signifies that the company is effectively selling its products or using its inventory, which can lead to better cash flow and profitability. Conversely, a low inventory turnover ratio may indicate overstocking, obsolete inventory, or poor sales.

To make a more informed analysis of Elevance Health Inc's inventory turnover, additional data points would be required across different reporting periods. Monitoring changes in inventory turnover over time can provide insights into the company's operational performance and supply chain management practices. It is essential for investors and stakeholders to track inventory turnover alongside other financial ratios to gain a comprehensive understanding of the company's financial health and efficiency in utilizing its resources.