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

Company name
Symbol
Inventory turnover
Privia Health Group Inc
PRVA
US Physicalrapy Inc
USPH