Mednax Inc (MD)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,558,580 | 1,573,080 | 1,504,990 | 1,397,950 | 1,284,630 |
| Inventory | US$ in thousands | — | 13,525 | 0 | 0 | 0 |
| Inventory turnover | — | 116.31 | — | — | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $1,558,580K ÷ $—K
= —
Based on the provided data, Mednax Inc's inventory turnover ratio was not calculable for the years ending December 31, 2020, 2021, and 2022. However, for the year ending December 31, 2023, the inventory turnover ratio was 116.31, indicating that the company's inventory turnover was very high during that period. This could suggest efficient management of inventory or potential higher demand for the company's products. For the year ending December 31, 2024, the inventory turnover ratio was not calculable.
Further information on the company's inventory management practices and industry benchmarks would be necessary to provide a more in-depth analysis of the implications of these inventory turnover ratios for Mednax Inc.
Peer comparison
Dec 31, 2024