Privia Health Group Inc (PRVA)
Activity ratios
Short-term
Turnover ratios
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | 0.00 | 4.59 | 4.84 | 5.20 | 5.28 | 5.21 | 5.04 | 5.12 | 4.72 | 4.61 | 4.59 | 3.92 | 3.77 | 3.21 | 3.20 | 17.35 | 18.94 |
Activity ratios provide insights into how efficiently a company is managing its resources to generate sales. Let's analyze the activity ratios of Privia Health Group Inc based on the provided data:
1. Inventory Turnover:
- Unfortunately, there is no data available for the inventory turnover ratio for the given periods. Without this data, it is challenging to assess how efficiently the company is managing its inventory.
2. Receivables Turnover:
- Similar to inventory turnover, there is no data provided for the receivables turnover ratio. This ratio helps in evaluating how quickly the company is collecting payments from its customers.
3. Payables Turnover:
- No information is available for the payables turnover ratio. This ratio typically measures how quickly a company is repaying its suppliers or creditors.
4. Working Capital Turnover:
- The working capital turnover ratio measures how efficiently a company is utilizing its working capital to generate sales. Based on the data provided, we observe a decreasing trend in the working capital turnover ratio over the periods.
- The ratio decreased from 18.94 on December 31, 2020, to 0.00 on December 31, 2024. A declining trend in this ratio may indicate inefficiencies in utilizing working capital to support sales growth.
- It is important for the company to investigate the reasons behind this trend and consider strategies to improve the efficiency of working capital utilization in order to enhance overall operational performance.
In conclusion, without data for inventory turnover, receivables turnover, and payables turnover ratios, we are unable to provide a comprehensive analysis of Privia Health Group Inc's activity ratios. However, based on the trend in the working capital turnover ratio, the company should focus on optimizing its working capital management practices to enhance operational efficiency.
Average number of days
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on the provided data, we observe that the activity ratios for Privia Health Group Inc, including Days of Inventory on Hand (DOH), Days of Sales Outstanding (DSO), and Number of Days of Payables, are not available for the period spanning from December 31, 2020, to December 31, 2024.
Without specific values for these activity ratios, it is challenging to assess the efficiency of the company's inventory management, accounts receivable collection, and accounts payable practices. Therefore, a detailed analysis of the efficiency with which Privia Health Group Inc is managing its working capital and operational activities through these ratios cannot be conducted based on the given data.
Long-term
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed asset turnover | — | — | — | — | — | — | 523.97 | 461.76 | 400.67 | 103.99 | 297.09 | 252.17 | 68.35 | 93.08 | 85.45 | 180.56 | — |
| Total asset turnover | 0.00 | 1.50 | 1.57 | 1.64 | 1.66 | 1.59 | 1.61 | 1.63 | 1.71 | 1.57 | 1.58 | 1.47 | 1.41 | 1.43 | 1.44 | 2.35 | 2.48 |
Long-term activity ratios provide insights into how efficiently Privia Health Group Inc is utilizing its assets to generate sales.
1. Fixed Asset Turnover:
- The fixed asset turnover ratio indicates how effectively the company is utilizing its fixed assets to generate revenue.
- Privia Health Group Inc experienced fluctuations in its fixed asset turnover ratio over the period. The ratio was not available for December 2020 and later periods.
- The ratio significantly increased in March 2021, reaching a high of 523.97 in June 2023, indicating improved efficiency in utilizing fixed assets to generate sales.
- The sharp decline in the ratio to 0.00 in December 2024 could suggest a decrease in productivity or a change in the utilization of fixed assets.
2. Total Asset Turnover:
- The total asset turnover ratio measures how efficiently the company is using all assets to generate revenue.
- Privia Health Group Inc demonstrated varying total asset turnover ratios throughout the period.
- The ratio ranged from a high of 2.48 in December 2020 to a low of 0.00 in December 2024, implying fluctuations in asset utilization efficiency.
- Generally, the trend shows a decreasing total asset turnover ratio over time, indicating a potential decline in the company's ability to generate sales from its assets efficiently.
In conclusion, the fixed asset turnover and total asset turnover ratios provide valuable insights into Privia Health Group Inc's operational efficiency and asset utilization. Management should closely monitor these ratios to ensure optimal utilization of assets to drive revenue growth and profitability.