Acadia Healthcare Company Inc (ACHC)
Fixed asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 3,153,963 | 3,122,525 | 3,057,225 | 2,992,522 | 2,928,738 | 2,861,233 | 2,777,631 | 2,698,013 | 2,610,399 | 2,528,584 | 2,449,411 | 2,379,848 | 2,314,394 | 2,262,190 | 2,507,935 | 2,676,090 | 2,907,701 | 3,146,657 | 3,090,604 | 3,129,655 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | — | 1,998,040 | 2,087,280 | 2,044,620 | 1,994,790 | 1,795,790 | 1,904,920 | 1,768,190 | 1,752,960 | 1,654,730 | 1,622,900 | 3,253,720 | 3,160,780 | 3,151,740 |
| Fixed asset turnover | — | — | — | — | — | — | — | 1.35 | 1.25 | 1.24 | 1.23 | 1.33 | 1.21 | 1.28 | 1.43 | 1.62 | 1.79 | 0.97 | 0.98 | 0.99 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $3,153,963K ÷ $—K
= —
The fixed asset turnover ratio is a measure of a company's ability to generate revenue from its investments in fixed assets. A higher fixed asset turnover ratio indicates that the company is efficiently utilizing its fixed assets to generate sales.
Analyzing the fixed asset turnover data for Acadia Healthcare Company Inc, we observe that the ratio fluctuated over the reporting periods. The ratio was relatively stable around 1.0 from March 2020 to September 2021, indicating a moderate level of efficiency in utilizing fixed assets to generate revenue.
Significant improvements in fixed asset turnover were seen in the latter part of 2021 and the first half of 2022, with ratios increasing to above 1.2. This suggests that Acadia Healthcare was able to generate more revenue relative to its investment in fixed assets during these periods.
However, from March 2022 to March 2024, the fixed asset turnover ratio remained relatively flat, hovering between 1.2 and 1.35. The absence of a clear trend during these periods could indicate a plateau in the company's efficiency in utilizing its fixed assets to drive revenue growth.
The lack of data for the latter part of 2023 and all of 2024 limits our ability to provide a more comprehensive analysis of the trend in Acadia Healthcare's fixed asset turnover ratio during these periods. Monitoring future data points will be essential to assess whether the company's efficiency in utilizing fixed assets to generate revenue continues to improve or if there are potential challenges impacting this ratio.
Peer comparison
Dec 31, 2024