Humana Inc (HUM)
Activity ratios
Short-term
Turnover ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
| Working capital turnover | 9.15 | 9.57 | — | — | — |
Based on the provided data for Humana Inc's activity ratios:
1. Inventory Turnover: There is no information available for inventory turnover for the years 2020 to 2024. Without this data, we are unable to assess how efficiently Humana is managing its inventory levels.
2. Receivables Turnover: Similar to the inventory turnover, there is no data provided for receivables turnover for the years 2020 to 2024. This ratio typically indicates how quickly the company collects outstanding payments from its customers.
3. Payables Turnover: There is no data presented for the payables turnover ratio for the years 2020 to 2024. This ratio reflects how efficiently a company is managing its trade payables.
4. Working Capital Turnover: The data shows that the working capital turnover ratio for Humana Inc was 9.57 in 2023 and 9.15 in 2024. This ratio indicates how effectively the company generates revenue from its working capital. A higher working capital turnover ratio generally indicates better utilization of working capital to generate sales.
In summary, the lack of data for inventory turnover, receivables turnover, and payables turnover limits the comprehensive analysis of Humana Inc's efficiency in managing its inventory, receivables, and payables. However, the working capital turnover ratio demonstrates that Humana has been relatively efficient in generating revenue from its working capital in the years 2023 and 2024.
Average number of days
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 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, Humana Inc's activity ratios for Days of Inventory on Hand (DOH), Days of Sales Outstanding (DSO), and Number of Days of Payables indicate that specific details were not available for the years 2020 to 2024.
The Days of Inventory on Hand (DOH) ratio measures how many days it takes for a company to sell its inventory. With the data showing "— days" for all years, it is not possible to assess Humana Inc's efficiency in managing its inventory levels.
The Days of Sales Outstanding (DSO) ratio reflects how long it takes for a company to collect its accounts receivable. Similarly, the data provided as "— days" for all years makes it impossible to evaluate Humana Inc's effectiveness in collecting sales revenue.
The Number of Days of Payables ratio indicates the average number of days a company takes to pay its suppliers. However, the lack of specific values in the data prevents any analysis of Humana Inc's payment practices towards its suppliers.
In conclusion, without the actual values for the activity ratios, it is challenging to assess the efficiency of Humana Inc's operations related to inventory management, accounts receivable collection, and creditor payment terms over the specified years.
See also:
Long-term
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Fixed asset turnover | — | — | 28.83 | 27.03 | 32.54 |
| Total asset turnover | 2.53 | 2.26 | 2.16 | 1.87 | 2.21 |
The fixed asset turnover ratio for Humana Inc has shown a decreasing trend from 32.54 in 2020 to 27.03 in 2021 and then increasing slightly to 28.83 in 2022. However, there is missing data for the years 2023 and 2024. This ratio indicates how efficiently the company is utilizing its fixed assets to generate revenue.
On the other hand, the total asset turnover ratio indicates that Humana Inc's efficiency in utilizing all its assets to generate revenue has fluctuated over the years. The ratio decreased from 2.21 in 2020 to 1.87 in 2021 before recovering to 2.16 in 2022, and further improving to 2.26 in 2023, and finally reaching 2.53 in 2024. This ratio provides insights into how well the company is generating sales relative to its total assets.
Overall, the trends in both fixed asset turnover and total asset turnover ratios suggest fluctuations in the company's efficiency in generating revenue from its assets, with some improvement observed in recent years.