Acadia Healthcare Company Inc (ACHC)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,153,960 | 2,928,740 | 2,610,400 | 2,314,390 | 2,089,930 |
| Property, plant and equipment | US$ in thousands | — | — | 2,087,280 | 1,904,920 | 1,622,900 |
| Fixed asset turnover | — | — | 1.25 | 1.21 | 1.29 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $3,153,960K ÷ $—K
= —
The fixed asset turnover ratio measures how efficiently Acadia Healthcare Company Inc is using its fixed assets to generate revenue. Based on the provided data, the fixed asset turnover ratio has shown a slight decline from 1.29 in December 2020 to 1.21 in December 2021, before increasing to 1.25 in December 2022. However, there is missing data for December 2023 and December 2024.
A fixed asset turnover ratio below 1 indicates that the company is not maximizing the utilization of its fixed assets to generate revenue efficiently. In this case, Acadia Healthcare Company Inc's ratios are around or slightly above 1, which suggests that the company is moderately effective in using its fixed assets to generate revenue.
It is important for the company to maintain a consistent or increasing trend in the fixed asset turnover ratio to ensure that its investments in fixed assets are yielding adequate returns. Further analysis over multiple periods and comparison with industry peers can provide deeper insights into Acadia Healthcare Company Inc's operational efficiency and asset utilization.
Peer comparison
Dec 31, 2024