Amedisys Inc (AMED)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,348,320 | 2,236,380 | 2,223,200 | 2,214,110 | 2,071,520 |
| Property, plant and equipment | US$ in thousands | — | — | 16,026 | 119,692 | 23,719 |
| Fixed asset turnover | — | — | 138.72 | 18.50 | 87.34 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $2,348,320K ÷ $—K
= —
Fixed asset turnover is a financial ratio that measures a company's efficiency in generating revenue from its investment in fixed assets. A higher fixed asset turnover ratio indicates that the company is utilizing its fixed assets more efficiently to generate sales.
Based on the data provided, Amedisys Inc's fixed asset turnover ratio has fluctuated over the years. As of December 31, 2020, the fixed asset turnover was exceptionally high at 87.34, indicating that the company generated significant revenue relative to its investment in fixed assets. However, by December 31, 2021, the ratio had decreased to 18.50, suggesting a decline in revenue generation efficiency from fixed assets.
The fixed asset turnover improved significantly by December 31, 2022, reaching 138.72, indicating a substantial increase in revenue generated from fixed assets. The absence of data for December 31, 2023, and December 31, 2024, prevents a comprehensive analysis for those periods.
In conclusion, Amedisys Inc's fixed asset turnover has exhibited significant fluctuations, with both very high and relatively low ratios, showcasing variability in the company's efficiency in utilizing its fixed assets to generate revenue. It is important for investors and analysts to monitor this ratio over time to assess the company's operational performance and asset utilization efficiency.
Peer comparison
Dec 31, 2024