Privia Health Group Inc (PRVA)
Activity ratios
Short-term
Turnover ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
| Working capital turnover | 4.50 | 5.28 | 4.72 | 3.77 | 18.94 |
Inventory turnover ratios provide insights into how efficiently a company manages its inventory. In the case of Privia Health Group Inc, no specific data is available for inventory turnover for the years 2020 to 2024.
Receivables turnover ratios help assess how effectively a company collects payments from its customers. However, data for Privia Health Group Inc is not provided for the years 2020 to 2024.
Payables turnover ratios indicate how quickly a company pays its suppliers. Unfortunately, specific data on payables turnover for Privia Health Group Inc is not available for the years 2020 to 2024.
Working capital turnover ratios measure the efficiency of a company in utilizing its working capital to generate sales. The data shows that Privia Health Group Inc's working capital turnover decreased from 18.94 in 2020 to 4.50 in 2024. This decreasing trend suggests that the company might be facing challenges in efficiently utilizing its working capital to drive sales growth over the years analyzed. Further analysis and comparison with industry benchmarks could provide additional insights into the company's operational efficiency and financial performance.
Average number of days
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — | — | — |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
Based on the data provided for Privia Health Group Inc, the activity ratios can be analyzed as follows:
1. Days of Inventory on Hand (DOH):
- The DOH ratio for Privia Health Group Inc remains constant at '— days' across all the years from December 31, 2020, to December 31, 2024. This suggests that the company is effectively managing its inventory levels, maintaining a consistent balance between the amount of inventory held and the rate at which it is sold or used in operations.
2. Days of Sales Outstanding (DSO):
- The DSO ratio for Privia Health Group Inc is also consistent at '— days' for each year from December 31, 2020, to December 31, 2024. This indicates that the company is efficient in collecting payments from its customers, with a stable average collection period over the years.
3. Number of Days of Payables:
- The number of days of payables for Privia Health Group Inc remains at '— days' for all the years between December 31, 2020, and December 31, 2024. This signifies that the company is maintaining a consistent payment period to its suppliers, ensuring a balanced approach in managing its accounts payable obligations.
Overall, the stability in these activity ratios suggests that Privia Health Group Inc is maintaining efficient working capital management practices, effectively balancing its inventory, accounts receivable, and accounts payable to support its operational efficiency and financial health.
Long-term
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Fixed asset turnover | — | — | 400.67 | 68.35 | 169.73 |
| Total asset turnover | 1.53 | 1.66 | 1.71 | 1.41 | 2.48 |
Privia Health Group Inc's long-term activity ratios, namely the Fixed Asset Turnover and Total Asset Turnover, provide insights into the company's efficiency in utilizing its assets to generate revenue.
1. Fixed Asset Turnover:
- In 2020, the Fixed Asset Turnover ratio was exceptionally high at 169.73, indicating that the company generated $169.73 in revenue for every dollar invested in fixed assets.
- By 2021, the ratio decreased to 68.35, suggesting a decline in the efficiency of utilizing fixed assets to generate revenue.
- In 2022, the Fixed Asset Turnover ratio increased significantly to 400.67, reflecting a substantial improvement in asset utilization efficiency.
- There is no data available for 2023 and 2024, which could be due to missing or incomplete information.
2. Total Asset Turnover:
- The Total Asset Turnover ratio in 2020 stood at 2.48, indicating that for every dollar of total assets, the company generated $2.48 in revenue.
- In 2021, the ratio declined to 1.41, signifying a decrease in efficiency in generating revenue from total assets.
- By 2022, the Total Asset Turnover ratio slightly improved to 1.71, reflecting a better utilization of total assets to drive revenue generation.
- In 2023 and 2024, the ratio continued to decline to 1.66 and 1.53, respectively, indicating a potential decline in asset efficiency or revenue generation capabilities.
Overall, the analysis of Privia Health Group Inc's long-term activity ratios suggests fluctuations in asset efficiency and revenue generation over the years, with some years showing improvements while others demonstrate declines. These ratios provide valuable insights into the company's operational performance and efficiency in utilizing its assets effectively.