Concentra Group Holdings Parent, Inc. (CON)
Total asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | ||
|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,900,152 | 1,875,891 | 1,853,332 | 1,831,715 |
| Total assets | US$ in thousands | 2,521,160 | 2,481,040 | 2,363,340 | 2,366,160 |
| Total asset turnover | 0.75 | 0.76 | 0.78 | 0.77 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,900,152K ÷ $2,521,160K
= 0.75
Concentra Group Holdings Parent, Inc. has shown a consistent total asset turnover ratio over the year 2024, ranging from 0.75 to 0.78. This indicates that for every dollar of total assets the company holds, it generates between $0.75 and $0.78 in sales. The relatively stable ratio suggests that the company is efficiently utilizing its assets to generate revenue, although there may be some fluctuations in operational efficiency throughout the year. A higher total asset turnover ratio would indicate more efficient asset utilization, while a lower ratio may suggest underutilization of assets or potentially pricing or inventory management issues. Further analysis of the company's operating efficiency and industry benchmarks would provide additional context regarding the effectiveness of Concentra Group Holdings Parent, Inc.'s asset management.
Peer comparison
Dec 31, 2024