Privia Health Group Inc (PRVA)
Inventory turnover
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
---|---|---|---|---|
Cost of revenue | US$ in thousands | 1,439,490 | 152,684 | 279,946 |
Inventory | US$ in thousands | — | 0 | 0 |
Inventory turnover | — | — | — |
December 31, 2023 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $1,439,490K ÷ $—K
= —
Inventory turnover is a key ratio used to evaluate how efficiently a company is managing its inventory. It is calculated by dividing the cost of goods sold by the average inventory level. Unfortunately, without the specific values for cost of goods sold and inventory for Privia Health Group Inc for the years ending December 31, 2023, 2022, and 2021, we are unable to compute the inventory turnover ratio. This ratio is crucial for assessing the speed at which the company is selling its inventory and turning it into revenue. A higher inventory turnover generally indicates efficient inventory management, while a lower turnover may suggest overstocking or slow-moving inventory. For a more in-depth analysis of Privia Health Group Inc's inventory turnover and its implications, specific financial data would need to be provided.
Peer comparison
Dec 31, 2023