Elevance Health Inc (ELV)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 176,810,000 | 171,340,000 | 156,595,000 | 138,639,000 | 121,867,000 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $176,810,000K ÷ $—K
= —
Based on the provided data, the receivables turnover ratio for Elevance Health Inc for the years ending December 31, 2020 to December 31, 2024 is not available (denoted as "—"). This lack of information makes it difficult to assess the effectiveness of the company in managing its accounts receivable during these periods. Receivables turnover is a key indicator of how efficiently a company is collecting its outstanding receivables from customers. Without the actual turnover ratio figures, it is challenging to evaluate the company's ability to efficiently convert credit sales into cash, and therefore, further analysis would be required to fully understand the company's financial performance in this aspect.
Peer comparison
Dec 31, 2024