Boston Scientific Corp (BSX)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 16,747,000 | 14,240,000 | 12,682,000 | 11,888,000 | 9,913,000 |
| Property, plant and equipment | US$ in thousands | — | — | 2,832,000 | 2,252,000 | 2,084,000 |
| Fixed asset turnover | — | — | 4.48 | 5.28 | 4.76 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $16,747,000K ÷ $—K
= —
The fixed asset turnover ratio measures the efficiency of Boston Scientific Corp in generating revenue from its investment in fixed assets.
From the provided data:
- December 31, 2020: Fixed asset turnover ratio was 4.76, indicating that for every dollar invested in fixed assets, the company generated $4.76 in revenue.
- December 31, 2021: The ratio improved to 5.28, showcasing an increase in efficiency in utilizing fixed assets to generate revenue.
- December 31, 2022: The ratio decreased to 4.48, suggesting a slight decline in efficiency compared to the previous year.
- December 31, 2023 and December 31, 2024 data is not available.
Overall, the trend indicates that Boston Scientific Corp has exhibited varying levels of efficiency in utilizing its fixed assets to generate revenue over the years. Further analysis would be needed to understand the factors contributing to these fluctuations in the fixed asset turnover ratio.
Peer comparison
Dec 31, 2024