HCA Holdings Inc (HCA)
Inventory turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 29,986,000 | 29,503,000 | 28,857,000 | 28,394,000 | 28,270,000 | 28,169,000 | 28,360,000 | 27,985,000 | 27,339,000 | 26,643,000 | 25,676,000 | 24,570,000 | 24,396,000 | 24,064,000 | 23,942,000 | 24,467,000 | 23,986,000 | 23,331,000 | 22,706,000 | 22,132,000 |
| Inventory | US$ in thousands | 2,021,000 | 2,030,000 | 2,050,000 | 2,085,000 | 2,068,000 | 2,009,000 | 2,043,000 | 2,003,000 | 1,986,000 | 2,019,000 | 2,027,000 | 2,068,000 | 2,025,000 | 1,950,000 | 1,834,000 | 1,953,000 | 1,849,000 | 1,769,000 | 1,826,000 | 1,778,000 |
| Inventory turnover | 14.84 | 14.53 | 14.08 | 13.62 | 13.67 | 14.02 | 13.88 | 13.97 | 13.77 | 13.20 | 12.67 | 11.88 | 12.05 | 12.34 | 13.05 | 12.53 | 12.97 | 13.19 | 12.43 | 12.45 |
December 31, 2023 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $29,986,000K ÷ $2,021,000K
= 14.84
The inventory turnover for HCA Healthcare Inc has been consistently reported as zero across all quarters in the provided data. This indicates that on average, the company is not efficiently managing its inventory in terms of generating sales from the available inventory. A low or zero inventory turnover ratio may suggest potential issues such as overstocking, obsolete inventory, or a decline in demand for the company's products or services. Further investigation into the company's inventory management practices and supply chain efficiency is warranted to address this persistent trend of zero inventory turnover.
Peer comparison
Dec 31, 2023
Dec 31, 2023