RadNet Inc (RDNT)

Inventory turnover

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 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Cost of revenue (ttm) US$ in thousands 112,235 110,358 109,400 107,629 104,697 90,982 90,950 91,119 91,205 89,413 89,821 90,412 90,200 258,123 511,935 757,634 999,693 977,345 931,473 894,970
Inventory US$ in thousands 0 0 2,041 2,041 2,041 2,041
Inventory turnover 489.81 478.86 456.38 438.50

December 31, 2023 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $112,235K ÷ $—K
= —

I apologize for the lack of detailed information in the table regarding Radnet Inc's inventory turnover. Without specific figures for each quarter provided, it is not possible to calculate or analyze the inventory turnover ratio for any of the periods mentioned. To assess the efficiency of Radnet Inc's inventory management over time, it would be necessary to have the cost of goods sold (COGS) figures along with the corresponding inventory figures for each quarter. By comparing these data points, the inventory turnover ratio can be calculated to indicate how quickly the company is selling through its inventory.

If more detailed information or specific data points are provided, I would be happy to perform a comprehensive analysis of Radnet Inc's inventory turnover and provide insights into the company's inventory management efficiency.


Peer comparison

Dec 31, 2023

Dec 31, 2023