Bill Com Holdings Inc (BILL)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,439,779 | 1,355,107 | 1,301,692 | 1,223,809 | 1,174,032 | 1,116,878 | 1,043,850 | 950,074 | 846,224 | 743,769 | 631,307 | 499,570 | 382,756 | 278,740 | 210,162 | 186,256 | 179,613 | 168,555 |
| Property, plant and equipment | US$ in thousands | 94,467 | 90,016 | 88,034 | 87,300 | 86,577 | 85,294 | 81,564 | 77,465 | 69,383 | 62,025 | 56,985 | 53,279 | 52,691 | 51,142 | 48,902 | 31,740 | 30,572 | 21,709 |
| Fixed asset turnover | 15.24 | 15.05 | 14.79 | 14.02 | 13.56 | 13.09 | 12.80 | 12.26 | 12.20 | 11.99 | 11.08 | 9.38 | 7.26 | 5.45 | 4.30 | 5.87 | 5.88 | 7.76 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $1,439,779K ÷ $94,467K
= 15.24
The fixed asset turnover ratio of Bill Com Holdings Inc has shown a consistent increasing trend from September 2020 to December 2024. The ratio started at 7.76 in September 2020 and increased steadily to reach 15.24 in December 2024. This indicates that the company is generating more revenue per dollar of fixed assets invested over time. A high fixed asset turnover ratio suggests that the company is efficient in utilizing its fixed assets to generate sales. This upward trend in fixed asset turnover reflects positively on the company's operational efficiency and financial performance, indicating effective management of its fixed assets to drive revenue growth.
Peer comparison
Dec 31, 2024