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Centene Corporation  (CNC)
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Centene Asset Turnover Ratio

Quarterly Results, Trends, Rankings, Statistics

Centene Corporation asset turnover ratio, the ability of Centene Corporation's assets to generate revenue in the forth quarter 2023, increased sequentially to 1.58 in the fourth quarter (Dec 31 2023), yet the ratio remained below the average, as CNC's position remain challenging.

Within sector only one company achieved higher asset turnover ratio in the forth quarter 2023. While Asset turnover ratio total ranking has improved so far during the IV Quarter 2023, to 97, from total ranking in the second quarter 2023 at 269.


What is Asset Turnover Ratio?
What is Centene Corporation Market Share?


CNC Asset Turnover Ratio (Dec 31 2023)
IV. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Asset Change 5.99 % 22.08 % 19.2 % 16.82 % 22.49 %
Y / Y Revenue Change 16.09 % 4.65 % 4.58 % 9.19 % 10.67 %
Asset Turnover Ratio (TTM) 1.58 1.54 1.6 1.65 1.68
CNC's Total Ranking # 97 # 269 # 109 # 1182 #
Seq. Asset Change 1.99 % 0.15 % 7.93 % -3.86 % 17.47 %
Seq. Revenue Change 10.71 % -3.29 % 9.36 % -0.85 % -0.2 %



Asset Turnover Ratio Company Ranking
Within: No.
Accident & Health Insurance Industry # 2
Financial Sector # 3
Overall Market # 97

Asset Turnover Ratio Statistics
High Average Low
3.36 2.19 1.62
(June 30. 2014)   (March 31, 2014)







Companies with similar Asset Turnover Ratio for the quarter ending Dec 31 2023, within Financial Sector Asset Turnover Ratio Revenues for 12 Months ending Dec 31 2023 Assets at quarter ending Dec 31 2023
Stonex Group Inc   3.03 $ 67,417.500  Millions$ 22,258.875  Millions
Molina Healthcare Inc   2.40 $ 34,072.000  Millions$ 14,198.500  Millions
Composecure Inc   2.09 $ 398.676  Millions$ 190.732  Millions
Humana Inc   1.99 $ 106,374.000  Millions$ 53,550.250  Millions
Centene Corporation  1.88 $ 153,695.000  Millions$ 81,836.500  Millions
Clover Health Investments Corp   1.87 $ 2,033.720  Millions$ 1,085.514  Millions
Trupanion Inc   1.48 $ 1,108.605  Millions$ 750.772  Millions
Oscar Health Inc   1.47 $ 5,862.869  Millions$ 3,999.742  Millions
Erie Indemnity Company  1.40 $ 3,297.908  Millions$ 2,353.998  Millions
Unitedhealth Group Incorporated  1.33 $ 371,622.000  Millions$ 279,906.500  Millions
The Cigna Group  1.30 $ 195,265.000  Millions$ 150,109.000  Millions
Lpl Financial Holdings Inc   1.14 $ 10,052.848  Millions$ 8,845.657  Millions
Perella Weinberg Partners  1.04 $ 648.652  Millions$ 625.472  Millions
The Marygold Companies Inc   0.96 $ 33.874  Millions$ 35.103  Millions
Selectquote Inc   0.94 $ 1,159.344  Millions$ 1,228.318  Millions
Gcm Grosvenor Inc   0.92 $ 444.999  Millions$ 483.104  Millions
Inspirato Incorporated  0.90 $ 329.100  Millions$ 363.940  Millions
Stewart Information Services Corp  0.84 $ 2,257.341  Millions$ 2,682.207  Millions
Sei Investments Company  0.80 $ 1,919.793  Millions$ 2,390.174  Millions
Fundamental Global Inc   0.79 $ 42.414  Millions$ 53.445  Millions
Federated Hermes Inc   0.79 $ 1,632.133  Millions$ 2,060.227  Millions
Goosehead Insurance Inc   0.78 $ 261.276  Millions$ 335.278  Millions
Evercore Inc   0.77 $ 2,442.666  Millions$ 3,182.753  Millions
Senmiao Technology Limited  0.75 $ 9.886  Millions$ 13.143  Millions
Brightsphere Investment Group Inc   0.75 $ 426.600  Millions$ 567.175  Millions
Progressive Corp  0.74 $ 62,108.500  Millions$ 84,423.925  Millions
Integrated Ventures Inc   0.72 $ 5.724  Millions$ 7.963  Millions
Lendingtree inc   0.71 $ 672.502  Millions$ 942.294  Millions
Artisan Partners Asset Management Inc   0.71 $ 975.131  Millions$ 1,374.311  Millions
Euronet Worldwide Inc   0.69 $ 3,688.000  Millions$ 5,322.225  Millions

Date modified: 2024-02-20T23:16:21+00:00



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