Acadia Healthcare Company Inc (ACHC)
Total 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 |
| Total assets | US$ in thousands | 5,956,920 | 5,358,840 | 4,987,900 | 4,768,080 | 6,499,360 |
| Total asset turnover | 0.53 | 0.55 | 0.52 | 0.49 | 0.32 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $3,153,960K ÷ $5,956,920K
= 0.53
Total asset turnover ratio indicates how efficiently Acadia Healthcare Company Inc utilizes its total assets to generate revenue.
From December 31, 2020, to December 31, 2024, Acadia's total asset turnover has shown a positive trend, increasing from 0.32 to 0.53. This indicates that the company is becoming more efficient in generating revenue relative to its total assets.
The improvement in total asset turnover suggests that Acadia has been able to optimize its asset utilization or increase its revenue generation without significantly expanding its asset base. This can be a positive sign of effective asset management and operational efficiency within the company.
It is important for Acadia to continue monitoring and improving its total asset turnover to ensure that its assets are being used effectively to drive revenue growth and maximize shareholder value.
Peer comparison
Dec 31, 2024