Cardinal Health Inc (CAH)
Fixed asset turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 222,578,000 | 226,827,000 | 205,012,000 | 181,364,000 | 162,467,000 |
| Property, plant and equipment | US$ in thousands | — | 3,004,000 | 2,462,000 | 2,361,000 | 2,360,000 |
| Fixed asset turnover | — | 75.51 | 83.27 | 76.82 | 68.84 |
June 30, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $222,578,000K ÷ $—K
= —
The fixed asset turnover ratio for Cardinal Health Inc. over the specified period exhibits notable fluctuations, reflecting changes in the company's efficiency in utilizing its fixed assets to generate sales.
As of June 30, 2021, the ratio stood at 68.84, indicating that for every dollar invested in fixed assets, approximately $68.84 in sales were generated. By June 30, 2022, this ratio increased to 76.82, demonstrating an improvement in asset utilization efficiency. The upward trend continued into June 30, 2023, with the ratio reaching 83.27, which signifies that the company further enhanced its capacity to generate sales from its fixed assets during this period.
However, a decline was observed in the subsequent year, with the ratio decreasing to 75.51 as of June 30, 2024. Despite this decrease, the ratio still remained above the levels observed in 2021 and 2022, suggesting that the company's efficiency in asset utilization remained relatively strong, albeit somewhat diminished compared to the peak in 2023.
The data for June 30, 2025, is unavailable or not reported, which prevents a definitive assessment of that year's performance. Overall, the trend from 2021 through 2024 reflects a period of growth in fixed asset efficiency, reaching a peak in 2023, followed by a slight decline in 2024. This pattern could be attributable to various operational or strategic factors impacting asset utilization during these years.
Peer comparison
Jun 30, 2025