Amedisys Inc (AMED)
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 | 2,348,324 | 2,321,060 | 2,289,626 | 2,251,407 | 2,236,382 | 2,227,658 | 2,229,409 | 2,234,331 | 2,223,199 | 2,220,452 | 2,215,949 | 2,222,225 | 2,214,112 | 2,205,500 | 2,196,085 | 2,116,978 | 2,071,519 | 2,021,492 | 1,972,053 | 1,979,978 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | 36,399 | 33,353 | 16,026 | 17,248 | 125,570 | 17,295 | 119,692 | 20,381 | 214,572 | 21,679 | 23,719 | 24,104 | 25,007 | 26,477 |
| Fixed asset turnover | — | — | — | — | — | — | 61.25 | 66.99 | 138.72 | 128.74 | 17.65 | 128.49 | 18.50 | 108.21 | 10.23 | 97.65 | 87.34 | 83.87 | 78.86 | 74.78 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $2,348,324K ÷ $—K
= —
Fixed asset turnover is a financial ratio that measures how efficiently a company is generating revenue from its fixed assets. A higher fixed asset turnover ratio indicates that the company is utilizing its fixed assets effectively to generate sales.
Analyzing the fixed asset turnover of Amedisys Inc over the period from March 31, 2020, to December 31, 2024, reveals fluctuations in the ratio. The trend shows an increasing pattern from March 31, 2020, to December 31, 2022, reaching a peak of 138.72 on December 31, 2022. This indicates that Amedisys Inc was effectively utilizing its fixed assets to generate revenue during this period.
However, there is a significant drop in the fixed asset turnover ratio in the subsequent quarters, with a sharp decline to 66.99 on March 31, 2023, and further decrease to 61.25 on June 30, 2023. The data for the following quarters from September 30, 2023, to December 31, 2024, is missing (represented as "—"), making it difficult to assess the current trend accurately.
The drastic decline in the fixed asset turnover ratio in the later periods could be a result of various factors such as changes in business operations, investment decisions impacting asset utilization, or inefficiencies in asset management. Further analysis and additional information would be required to understand the reasons behind the fluctuation in the fixed asset turnover ratio for Amedisys Inc in the later periods.
Peer comparison
Dec 31, 2024