AMN Healthcare Services Inc (AMN)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,983,780 | 3,789,250 | 5,243,240 | 3,984,240 | 2,393,710 |
| Total assets | US$ in thousands | 2,415,730 | 2,924,390 | 2,888,350 | 3,131,910 | 2,353,510 |
| Total asset turnover | 1.24 | 1.30 | 1.82 | 1.27 | 1.02 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $2,983,780K ÷ $2,415,730K
= 1.24
AMN Healthcare Services Inc's total asset turnover has fluctuated over the past five years. The ratio stood at 1.02 in 2020, increased to 1.27 in 2021, experienced a significant jump to 1.82 in 2022, declined to 1.30 in 2023, and decreased further to 1.24 in 2024. The varying trend indicates changes in how efficiently the company generates revenue relative to its total assets. In 2022, there was a notable improvement in asset utilization, suggesting a more effective management of assets to generate revenue. However, the subsequent decreases in 2023 and 2024 indicate a potential decline in efficiency during those periods. Overall, monitoring and analyzing the total asset turnover can provide insights into AMN Healthcare's operational efficiency and asset management strategies.
Peer comparison
Dec 31, 2024