Chemed Corp (CHE)
Fixed asset turnover
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,482,047 | 2,431,287 | 2,377,206 | 2,335,557 | 2,293,493 | 2,264,417 | 2,225,159 | 2,187,099 | 2,164,571 | 2,134,963 | 2,129,287 | 2,141,482 | 2,142,450 | 2,139,261 | 2,131,572 | 2,121,202 | 2,091,145 | 2,079,583 | 2,068,618 | 2,020,934 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | 328,815 | 208,101 | 204,164 | 335,376 | 325,135 | 320,295 | 192,405 | 318,728 | 317,858 | 315,860 | 190,154 | 187,820 | 181,386 | 183,017 |
| Fixed asset turnover | — | — | — | — | — | — | 6.77 | 10.51 | 10.60 | 6.37 | 6.55 | 6.69 | 11.14 | 6.71 | 6.71 | 6.72 | 11.00 | 11.07 | 11.40 | 11.04 |
March 31, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $2,482,047K ÷ $—K
= —
The fixed asset turnover ratio of Chemed Corp has displayed fluctuations over the periods provided. The ratio measures how efficiently the company is generating sales from its fixed assets.
From June 2020 to March 2022, the fixed asset turnover ratio was consistently high, ranging from 11.00 to 11.40, indicating that Chemed Corp was effectively utilizing its fixed assets to generate revenue.
However, there was a noticeable decline in the ratio from June 2022 to September 2023, dropping to a range of 6.37 to 6.77. This may suggest a decrease in the efficiency of the company's fixed asset utilization during this period.
As of March 2024, there is no data provided for the fixed asset turnover ratio, making it difficult to assess the recent efficiency of Chemed Corp's fixed asset utilization. It would be important to monitor future financial statements to understand the trend in the company's fixed asset turnover and assess its operational efficiency.
Peer comparison
Mar 31, 2025