Acadia Healthcare Company Inc (ACHC)
Total 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 |
| Total assets | US$ in thousands | 5,956,920 | 5,870,460 | 5,678,050 | 5,517,250 | 5,358,840 | 5,346,220 | 5,150,210 | 5,044,260 | 4,987,900 | 4,943,100 | 4,882,640 | 4,834,640 | 4,768,080 | 4,594,730 | 4,564,000 | 4,526,920 | 6,499,360 | 7,105,140 | 6,833,230 | 6,718,000 |
| Total asset turnover | 0.53 | 0.53 | 0.54 | 0.54 | 0.55 | 0.54 | 0.54 | 0.53 | 0.52 | 0.51 | 0.50 | 0.49 | 0.49 | 0.49 | 0.55 | 0.59 | 0.45 | 0.44 | 0.45 | 0.47 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $3,153,963K ÷ $5,956,920K
= 0.53
Total asset turnover for Acadia Healthcare Company Inc has been relatively stable over the past few years, ranging between 0.44 and 0.55. The higher the total asset turnover ratio, the better a company is at generating revenue from its assets. A total asset turnover ratio of less than 1 may indicate that the company is not efficiently utilizing its assets to generate sales. In the case of Acadia Healthcare, the ratio has hovered around 0.5, suggesting that the company is generating roughly half a dollar of sales for every dollar of assets it owns. This indicates that Acadia Healthcare may have room for improvement in optimizing the utilization of its assets to generate more revenue. Further analysis of the company's operational efficiency and asset management practices may be necessary to fully understand the implications of its total asset turnover ratio.
Peer comparison
Dec 31, 2024