Select Medical Holdings (SEM)
Inventory turnover
| 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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 4,711,608 | 6,121,790 | 5,990,260 | 5,861,880 | 5,732,020 | 5,693,710 | 5,645,020 | 5,611,970 | 5,600,160 | 5,593,950 | 5,497,810 | 5,398,710 | 5,285,150 | 5,129,170 | 5,012,440 | 4,803,450 | 4,710,370 | 4,639,430 | 4,641,590 | 4,709,280 |
| Inventory | US$ in thousands | — | 0 | -22,426 | 0 | 22,726 | -85,896 | 16,513 | -72,127 | -74,857 | 19,227 | 42,642 | 40,761 | — | 15,460 | 5,417 | 5,657 | 5,686 | 23,536 | 9,204 | 12,634 |
| Inventory turnover | — | — | — | — | 252.22 | — | 341.85 | — | — | 290.94 | 128.93 | 132.45 | — | 331.77 | 925.32 | 849.12 | 828.42 | 197.12 | 504.30 | 372.75 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $4,711,608K ÷ $—K
= —
Inventory turnover is a key financial ratio that measures how efficiently a company manages its inventory. A higher inventory turnover ratio indicates that the company is selling its inventory quickly and efficiently.
Analyzing the inventory turnover of Select Medical Holdings over the past few years reveals some interesting trends. In March 2020, the inventory turnover was 372.75, indicating that the company's inventory was turning over approximately 372.75 times during that period. This figure increased to 925.32 by June 2021, showing a significant improvement in inventory management efficiency.
However, there were fluctuations in the inventory turnover ratio in subsequent periods. For example, in September 2021, the ratio dropped to 331.77 before increasing again in December 2021 to an unspecified value. The ratio then declined to 132.45 in March 2022 and further to 128.93 in June 2022, indicating a potential slowdown in the company's inventory turnover.
By September 2023, the inventory turnover ratio had decreased to 341.85 before becoming unspecified in subsequent periods. The decreasing trend in inventory turnover may suggest potential challenges in managing inventory efficiently during those periods.
Overall, analyzing the inventory turnover of Select Medical Holdings provides insight into the company's inventory management efficiency over time, highlighting fluctuations in inventory turnover ratios that may indicate changes in operational performance and effectiveness in managing inventory levels.
Peer comparison
Dec 31, 2024
Dec 31, 2024