UnitedHealth Group Incorporated (UNH)

Activity ratios

Short-term

Turnover ratios

	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover	—	—	—	—	—
Receivables turnover	—	—	—	—	—
Payables turnover	—	—	—	—	—
Working capital turnover	—	—	—	—	—

The activity ratios of UnitedHealth Group Incorporated, specifically the inventory turnover, receivables turnover, payables turnover, and working capital turnover, are not available for analysis based on the provided data for the years ending on December 31, 2020 through December 31, 2024.

Activity ratios are important indicators of a company's operational efficiency and effectiveness in managing its assets and liabilities. Inventory turnover ratio measures how many times a company sells and replaces its inventory in a given period. Receivables turnover ratio indicates how quickly a company collects its accounts receivables. Payables turnover ratio reflects how efficiently a company manages its accounts payable. Working capital turnover ratio assesses how effectively a company utilizes its working capital to generate revenue.

Without the specific numbers for these ratios, it is not possible to evaluate UnitedHealth Group's performance in terms of these key activity metrics during the specified years. Additional data on these ratios would be necessary to provide a comprehensive analysis of the company's operational efficiency and asset management.

Average number of days

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Days of inventory on hand (DOH)	days	—	—	—	—	—
Days of sales outstanding (DSO)	days	—	—	—	—	—
Number of days of payables	days	—	—	—	—	—

The activity ratios provided for UnitedHealth Group Incorporated, namely Days of Inventory on Hand (DOH), Days of Sales Outstanding (DSO), and Number of Days of Payables, are all depicted as "— days" for the years ranging from December 31, 2020, to December 31, 2024.

The "— days" notation indicates that specific data points for these activity ratios are not available or provided in the dataset. Activity ratios are essential in assessing how efficiently a company manages its inventory, collects receivables, and pays its suppliers. Absence of data for these ratios limits the ability to analyze UnitedHealth Group's operational efficiency in terms of inventory turnover, accounts receivable collection, and accounts payable management.

It is recommended to obtain the actual numerical values for these activity ratios to perform a more detailed analysis and provide insights into the company's operational performance and efficiency over the specified time period.

Long-term

	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Fixed asset turnover	—	—	31.81	31.81	29.64
Total asset turnover	1.34	1.34	1.31	1.34	1.30

UnitedHealth Group's fixed asset turnover ratio has shown a consistent increase from 2020 to 2022, reaching 31.81 by the end of both years. This indicates that the company is generating more revenue from its fixed assets each year, reflecting efficient utilization of its long-term assets. The absence of data for 2023 and 2024 limits the interpretation of any potential trends in the future.

In terms of total asset turnover, UnitedHealth Group has maintained a relatively steady ratio over the years, with a slight increase from 1.30 in 2020 to 1.34 in 2021, 2023, and 2024. This ratio signifies the company's ability to generate sales in relation to its total assets. The consistent ratio suggests that UnitedHealth Group is efficiently using its total assets to generate revenue.