HealthStream Inc (HSTM)
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 | 118,642 | 128,067 | 127,184 | 116,643 | 105,546 | 94,546 | 94,333 | 93,000 | 91,142 | 90,585 | 89,796 | 90,219 | 89,458 | 89,215 | 89,932 | 90,210 | 89,332 | 91,471 | 93,517 | 97,388 |
| Inventory | US$ in thousands | — | 15,916 | 0 | — | — | 0 | — | — | 0 | 0 | 0 | — | — | 0 | 0 | — | 0 | — | 0 | — |
| Inventory turnover | — | 8.05 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $118,642K ÷ $—K
= —
The inventory turnover ratio for HealthStream Inc for the period up to September 30, 2024, was not available as indicated by "—". However, as of December 31, 2024, the inventory turnover ratio was reported at 8.05.
The inventory turnover ratio measures how efficiently a company is managing its inventory by indicating how many times the company's inventory is sold and replaced over a specific period.
An inventory turnover ratio of 8.05 means that HealthStream Inc turned over its inventory approximately 8.05 times during the period ending December 31, 2024. A high inventory turnover ratio generally indicates that the company has strong sales relative to its level of inventory.
It is essential for companies to strike a balance in inventory turnover to avoid stockouts or excess inventory, which can tie up capital and increase holding costs. Investing in inventory management practices to optimize the turnover rate can improve liquidity and profitability for HealthStream Inc.
Peer comparison
Dec 31, 2024
Dec 31, 2024