Molina Healthcare Inc (MOH)

Inventory turnover

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cost of revenue	US$ in thousands	31,302,000	29,870,000	25,903,000	16,944,000	14,526,000
Inventory	US$ in thousands	—	—	-3,202,000	-1,875,000	-1,946,000
Inventory turnover		—	—	—	—	—

December 31, 2023 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $31,302,000K ÷ $—K
= —

To calculate Molina Healthcare Inc's inventory turnover ratio, we would need data on cost of goods sold and average inventory for each year. Unfortunately, this information is not provided in the table.

Inventory turnover ratio is a key financial metric that indicates how efficiently a company manages its inventory by showing how many times the company sold and replaced its inventory during a specific period. A higher inventory turnover ratio generally indicates better inventory management and faster sales.

Without the necessary data, we cannot perform a detailed analysis of Molina Healthcare Inc's inventory turnover over the years specified. It is essential to have access to both cost of goods sold and average inventory figures to calculate and interpret this ratio accurately.