Humana Inc (HUM)
Activity ratios
Short-term
Turnover ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | 17.16 | 8.10 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on the provided data, Humana Inc's activity ratios can be analyzed as follows:
1. Inventory Turnover: The inventory turnover ratio for Humana Inc is not available for all the periods provided. This ratio indicates how efficiently the company is managing its inventory but without the data, we cannot assess this aspect.
2. Receivables Turnover: The receivables turnover ratio is not reported for any of the periods provided. This ratio measures how quickly a company collects its outstanding receivables. Without this information, it is challenging to evaluate Humana Inc's effectiveness in collecting receivables.
3. Payables Turnover: The payables turnover ratio is also not disclosed for any of the periods specified. This ratio helps in understanding how quickly the company is paying its suppliers. The absence of this data limits the assessment of Humana Inc's payment practices.
4. Working Capital Turnover: The working capital turnover ratio is provided for the period ending December 31, 2024, at 17.16. This ratio evaluates how efficiently the company is generating revenue relative to its working capital. A higher ratio indicates better utilization of working capital to generate sales.
In conclusion, the lack of information for inventory turnover, receivables turnover, and payables turnover ratios impedes a comprehensive analysis of Humana Inc's efficiency in managing inventory, collecting receivables, and paying suppliers. However, the working capital turnover ratio for December 31, 2024, suggests that the company generated revenue efficiently in relation to its working capital during that period.
Average number of days
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on the provided data, it appears that specific activity ratios for Humana Inc such as Days of Inventory on Hand (DOH), Days of Sales Outstanding (DSO), and Number of Days of Payables are not available for the periods mentioned (from March 31, 2020, to December 31, 2024).
The absence of data on these activity ratios limits our ability to evaluate Humana Inc's efficiency in managing its inventory, collecting receivables from customers, and managing its payables. These ratios are crucial for assessing the company's operational performance and liquidity.
It is recommended for stakeholders and investors interested in analyzing Humana Inc's activity ratios to obtain the relevant financial data for a more comprehensive analysis of the company's operational efficiency and financial health.
See also:
Humana Inc Short-term (Operating) Activity Ratios (Quarterly Data)
Long-term
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed asset turnover | — | — | — | — | — | 30.63 | 29.84 | 29.57 | 28.83 | 28.43 | 28.64 | 27.08 | 27.03 | 27.98 | 29.91 | 31.47 | 32.54 | 33.39 | 33.31 | 33.47 |
| Total asset turnover | 2.53 | 2.30 | 2.24 | 2.18 | 2.26 | 1.83 | 1.75 | 1.75 | 2.16 | 1.80 | 1.91 | 1.87 | 1.87 | 1.79 | 2.11 | 2.11 | 2.21 | 1.93 | 1.83 | 1.96 |
The Fixed Asset Turnover ratio for Humana Inc has shown a decreasing trend from March 31, 2020, to June 30, 2021, indicating that the company was generating less revenue per dollar of fixed assets during this period. However, from June 30, 2021, to March 31, 2024, the ratio has been relatively stable, albeit with some fluctuations.
On the other hand, the Total Asset Turnover ratio initially fluctuated but generally trended upwards from March 31, 2020, to September 30, 2022, suggesting an improvement in the company's ability to generate sales from its total assets. From December 31, 2022, the ratio showed a significant increase and continued to rise steadily up to December 31, 2024, indicating that Humana Inc became more efficient in utilizing its total assets to generate revenue over this period.
See also:
Humana Inc Long-term (Investment) Activity Ratios (Quarterly Data)