Select Medical Holdings (SEM)
Inventory turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Cost of revenue | US$ in thousands | 4,553,460 | 5,732,020 | 5,600,160 | 5,285,150 | 4,710,370 |
Inventory | US$ in thousands | — | 22,726 | -74,857 | — | 5,686 |
Inventory turnover | — | 252.22 | — | — | 828.42 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $4,553,460K ÷ $—K
= —
The inventory turnover for Select Medical Holdings has shown significant variability over the years. In December 31, 2020, the inventory turnover was exceptionally high at 828.42, indicating that the company was efficiently managing its inventory by quickly converting it into sales. However, in subsequent years, the data is marked as "—" suggesting that inventory turnover was not available or not applicable at those points in time.
The inventory turnover for December 31, 2023, dropped to 252.22, which is still considered relatively high, indicating that the company was able to sell and replace its inventory multiple times throughout the year. Overall, the fluctuating inventory turnover figures suggest that Select Medical Holdings may have experienced changes in sales volume, inventory management practices, or market conditions during the period under review. Additional information and analysis would be necessary to fully understand the implications of these inventory turnover trends on the company's operations and financial performance.
Peer comparison
Dec 31, 2024