AMN Healthcare Services Inc (AMN)
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 | 2,983,781 | 3,067,341 | 3,233,295 | 3,483,909 | 3,789,251 | 4,096,492 | 4,381,619 | 4,816,930 | 5,243,250 | 5,480,780 | 5,219,990 | 4,650,825 | 3,984,230 | 3,252,461 | 2,926,292 | 2,677,198 | 2,393,714 | 2,349,335 | 2,365,301 | 2,292,127 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 187,557 | 177,417 | 155,276 | 149,276 | 159,500 | 156,808 | 129,652 | 154,885 | 127,762 | 194,128 | 119,587 | 116,174 | 112,752 | 113,975 | 116,718 |
| Fixed asset turnover | — | — | — | — | — | 21.84 | 24.70 | 31.02 | 35.12 | 34.36 | 33.29 | 35.87 | 25.72 | 25.46 | 15.07 | 22.39 | 20.60 | 20.84 | 20.75 | 19.64 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $2,983,781K ÷ $—K
= —
The fixed asset turnover ratio measures how efficiently a company is using its fixed assets to generate revenue. AMN Healthcare Services Inc's fixed asset turnover has shown varying trends over the past few years.
From March 31, 2020, to September 30, 2021, the fixed asset turnover ratio increased steadily, indicating that the company was generating more revenue relative to its investment in fixed assets during this period. The ratio peaked at 35.87 on March 31, 2022, suggesting a high level of efficiency in asset utilization.
However, starting from June 30, 2022, the fixed asset turnover ratio began to decline, reaching 24.70 on June 30, 2023. This could indicate a slowdown in revenue generation relative to the investment in fixed assets, suggesting potential inefficiencies in asset utilization during this period.
As of December 31, 2023, there is no data available for fixed asset turnover, which could imply a gap in information for that period. Without additional data for the latter half of 2023 and beyond, it is challenging to assess the current trend in AMN Healthcare's fixed asset turnover.
In conclusion, the analysis of AMN Healthcare Services Inc's fixed asset turnover shows a period of increasing efficiency followed by a subsequent decline. Further data beyond 2023 would be needed to provide a more comprehensive evaluation of the company's asset utilization efficiency.
Peer comparison
Dec 31, 2024