InnovAge Holding Corp

NASDAQ INNV

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InnovAge Holding Corp Working Capital To Sales Ratio for the quarter ending March 31, 2024: 0.16

InnovAge Holding Corp Working Capital To Sales Ratio is 0.16 for the quarter ending March 31, 2024, a -64.49% change year over year. The working capital to sales ratio measures the proportion of working capital to revenue. It is calculated by dividing the difference between current assets and current liabilities by revenue. This ratio provides insights into the efficiency of working capital utilization relative to revenue generation. A higher ratio suggests better utilization of working capital to generate sales revenue.
  • InnovAge Holding Corp Working Capital To Sales Ratio for the quarter ending March 31, 2023 was 0.45, a -48.46% change year over year.
  • InnovAge Holding Corp Working Capital To Sales Ratio for the quarter ending March 31, 2022 was 0.88, a -12.89% change year over year.
  • InnovAge Holding Corp Working Capital To Sales Ratio for the quarter ending March 31, 2021 was 1.01, a 61.95% change year over year.
  • InnovAge Holding Corp Working Capital To Sales Ratio for the quarter ending March 31, 2020 was 0.62, a 226.86% change year over year.
NASDAQ: INNV

InnovAge Holding Corp

CEO Mr. Patrick Blair
IPO Date March 4, 2021
Location United States
Headquarters 8950 East Lowry Boulevard, Denver, CO, United States, 80230
Employees 2,100
Sector Healthcare
Industry Medical care facilities
Description

InnovAge Holding Corp. manages and provides a range of medical and ancillary services for seniors in need of care and support to live independently in their homes and communities. The company manages its business through Program of All-Inclusive Care for the Elderly (PACE) approach. It also offers in-home care services consisting of skilled, unskilled, and personal care; in-center services, such as primary care, physical therapy, occupational therapy, speech therapy, dental services, mental health and psychiatric services, meals, and activities; transportation to the PACE center and third-party medical appointments; and care management. The company serves participants in the United States; and operates PACE centers in Colorado, California, New Mexico, Pennsylvania, and Virginia. The company was formerly known as TCO Group Holdings, Inc. and changed its name to InnovAge Holding Corp. in January 2021. InnovAge Holding Corp. was founded in 2007 and is headquartered in Denver, Colorado.

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StockViz Staff

September 19, 2024

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