Concentra Group Holdings Parent, Inc. (CON)
Fixed asset turnover
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Jun 30, 2023 | Mar 31, 2023 | ||
|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,875,891 | 1,853,332 | 1,831,715 | |||
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — |
| Fixed asset turnover | — | — | — |
September 30, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $1,875,891K ÷ $—K
= —
Based on the provided data, there are missing values for Concentra Group Holdings Parent, Inc.'s fixed asset turnover ratio for each period. The fixed asset turnover ratio is a financial metric that measures a company's ability to generate revenue from its investments in fixed assets, such as property, plant, and equipment.
Without the specific values for the fixed asset turnover ratio for the different periods, it is challenging to assess the company's efficiency in utilizing its fixed assets to generate sales. However, an increasing fixed asset turnover ratio generally indicates that the company is becoming more efficient in generating sales revenue from its investments in fixed assets. Conversely, a decreasing ratio may indicate underutilization or impairment of fixed assets.
To gain a comprehensive understanding of Concentra Group Holdings Parent, Inc.'s performance regarding fixed asset turnover, it would be necessary to calculate the ratio for each period where data is missing and compare it to industry benchmarks or historical performance to evaluate trends and potential areas for improvement.
Peer comparison
Sep 30, 2024