UnitedHealth Group Incorporated (UNH)

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	97,370,000	95,168,000	91,680,000	88,209,000	84,885,000	82,623,000	81,149,000	78,839,000	76,716,000	76,541,000	76,046,000	75,468,000	75,340,000	72,002,000	69,470,000	67,918,000	66,030,000	66,465,000	65,977,000	64,765,000
Inventory	US$ in thousands	2,800,000	—	—	—	3,500,000	—	—	—	2,900,000	—	—	—	—	—	—	—	—	—	—	—
Inventory turnover		34.78	—	—	—	24.25	—	—	—	26.45	—	—	—	—	—	—	—	—	—	—	—

December 31, 2023 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $97,370,000K ÷ $2,800,000K
= 34.78

As the data for inventory turnover for Unitedhealth Group Inc is not available in the table provided, it is not possible to conduct a detailed analysis of this specific ratio for the periods mentioned. Inventory turnover is a critical indicator of a company's operational efficiency in managing its inventory levels. A high inventory turnover ratio generally indicates that the company is efficiently selling its inventory and generating revenue. On the other hand, a low inventory turnover ratio may suggest that the company is struggling to sell its inventory or is overstocked.

To perform a thorough analysis of Unitedhealth Group Inc's inventory turnover, data for the specific periods mentioned is required. I recommend obtaining the necessary financial statements or reports directly from the company or relevant sources to calculate the inventory turnover ratio and assess the company's inventory management performance effectively.