Humana Inc (HUM)

Inventory turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cost of revenue US$ in thousands 13,188,000 12,671,000 10,121,000 10,052,000
Inventory US$ in thousands -32,021,000 -27,857,000 -26,707,000 -24,779,000
Inventory turnover

December 31, 2024 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $—K ÷ $—K
= —

Based on the provided data, Humana Inc's inventory turnover ratios for the years ending December 31, 2020 to December 31, 2024 are not available ("—"). This lack of inventory turnover data may be indicative of various factors such as the company's business model, industry practices, or the nature of its operations.

A high inventory turnover ratio typically indicates efficient inventory management, suggesting that the company is selling its products quickly. Conversely, a low inventory turnover ratio may imply excess inventory levels or slow-moving products, leading to potential obsolescence or storage costs.

Without specific inventory turnover figures for Humana Inc, it is challenging to assess the company's efficiency in managing its inventory during the specified period accurately. Additional information or context would be necessary to evaluate the impact of inventory turnover on the company's overall financial performance and operational effectiveness.


See also:

Humana Inc Inventory Turnover