Mednax Inc (MD)
Inventory turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 194,478 | 251,511 | 252,970 | 261,460 | 265,109 | 258,115 | 270,374 | 284,771 | 293,457 | 291,044 | 320,557 | 328,868 | 393,616 | 467,227 | 1,938,150 | 2,046,361 | 2,300,584 | 2,272,136 | 803,481 | 713,967 |
| Inventory | US$ in thousands | 13,525 | 10,586 | 12,461 | 0 | 0 | 9,664 | 0 | 16,323 | — | 12,645 | 18,896 | 19,447 | — | 964,865 | 14,343 | 19,409 | — | 343,402 | 356,335 | 405,399 |
| Inventory turnover | 14.38 | 23.76 | 20.30 | — | — | 26.71 | — | 17.45 | — | 23.02 | 16.96 | 16.91 | — | 0.48 | 135.13 | 105.43 | — | 6.62 | 2.25 | 1.76 |
December 31, 2023 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $194,478K ÷ $13,525K
= 14.38
Based on the information provided, the inventory turnover ratio for Pediatrix Medical Group Inc is not available for any of the quarters specified. This lack of data may indicate a potential challenge in analyzing the company's efficiency in managing its inventory levels and converting it into sales during the specified periods. Further investigation or access to additional data would be necessary to assess the company's inventory turnover performance and its implications for operational efficiency and financial management.
Peer comparison
Dec 31, 2023
Dec 31, 2023
Company name
Symbol
Inventory turnover
Mednax Inc
MD
14.38
Encompass Health Corp
EHC
—
Select Medical Holdings
SEM
268.90