Elevance Health Inc (ELV)
Activity ratios
Short-term
Turnover ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | 6.71 | 5.93 | 5.91 | 6.61 | 6.18 | 5.91 | 5.76 | 5.47 | 6.15 | 6.83 | 6.69 | 6.41 | 5.94 | 5.78 | 5.62 | 4.68 | 5.72 | 5.96 | 5.29 | 6.08 |
The activity ratios of Elevance Health Inc provide insights into the efficiency of the company's operations.
1. Inventory Turnover:
- The inventory turnover ratio for Elevance Health Inc is not available for the specified periods, which indicates a lack of information on how quickly the company is selling its inventory.
2. Receivables Turnover:
- The data for receivables turnover ratio is not provided for the given periods, so it is unclear how efficiently the company is collecting its accounts receivable.
3. Payables Turnover:
- The payables turnover ratio data is missing for the mentioned time frames, making it difficult to assess how quickly Elevance Health Inc is paying its suppliers.
4. Working Capital Turnover:
- The working capital turnover ratio shows how effectively the company is generating revenue relative to its working capital. Over the analyzed periods:
- The ratio has fluctuated, ranging from 4.68 to 6.83.
- Higher values generally indicate better utilization of working capital to generate sales.
- Elevance Health Inc experienced varying levels of efficiency in turning working capital into revenue during the period assessed.
Overall, the lack of information on inventory turnover, receivables turnover, and payables turnover ratios limits the comprehensive analysis of Elevance Health Inc's operational efficiency. However, the working capital turnover ratio provides some insight into the company's ability to generate revenue relative to its working capital over time.
Average number of days
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on the provided data, Elevance Health Inc's activity ratios, specifically the Days of Inventory on Hand (DOH), Days of Sales Outstanding (DSO), and Number of Days of Payables, are not available or provided in the JSON for multiple periods spanning from March 31, 2020, to December 31, 2024.
Without specific values for these activity ratios, it is not possible to perform a detailed and comprehensive analysis of Elevance Health Inc's efficiency in managing its inventory, collecting receivables, and paying its payables within the given time frames.
To evaluate the company's operational performance effectively, it is crucial to have accurate and updated data on these activity ratios to assess its liquidity, efficiency, and overall operational effectiveness.
See also:
Elevance Health Inc Short-term (Operating) Activity Ratios (Quarterly Data)
Long-term
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed asset turnover | — | — | — | — | — | 39.47 | 36.24 | 36.16 | 36.07 | 36.11 | 36.05 | 35.79 | 34.94 | 29.62 | 29.26 | 35.28 | 34.99 | 34.92 | 32.96 | 32.59 |
| Total asset turnover | 1.51 | 1.49 | 1.52 | 1.53 | 1.57 | 1.52 | 1.51 | 1.46 | 1.51 | 1.47 | 1.46 | 1.42 | 1.41 | 1.37 | 1.34 | 1.30 | 1.41 | 1.36 | 1.28 | 1.32 |
Long-term activity ratios provide insights into how efficiently a company is utilizing its assets to generate sales over an extended period. Looking at Elevance Health Inc's fixed asset turnover ratio, we observe a consistent upward trend from March 31, 2020, to September 30, 2023, indicating the company's ability to generate sales from its fixed assets improved steadily over this period, reaching a peak of 39.47. However, data for the subsequent periods is not available.
In contrast, the total asset turnover ratio shows fluctuations but generally demonstrates an increasing trend from March 31, 2020, to December 31, 2024. This ratio measures how well the company is utilizing all its assets to generate sales. Elevance Health Inc's total asset turnover increased from 1.32 on March 31, 2020, to 1.51 on December 31, 2024, showing a positive trajectory in asset utilization efficiency.
Overall, the firm's ability to generate sales from both fixed and total assets has shown improvement, particularly from 2020 to 2023. This suggests effective management of assets to drive revenue growth and operational efficiency. However, continued monitoring of these ratios is important to assess the company's ongoing performance in utilizing its assets effectively.
See also:
Elevance Health Inc Long-term (Investment) Activity Ratios (Quarterly Data)