DaVita HealthCare Partners Inc (DVA)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 12,815,600 | 12,140,100 | 11,609,900 | 11,618,800 | 11,550,600 |
| Property, plant and equipment | US$ in thousands | 2,940,920 | 3,073,530 | 3,256,400 | 3,479,970 | 3,521,820 |
| Fixed asset turnover | 4.36 | 3.95 | 3.57 | 3.34 | 3.28 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $12,815,600K ÷ $2,940,920K
= 4.36
The fixed asset turnover ratio for DaVita HealthCare Partners Inc has been showing a consistent upward trend over the past five years. Starting at 3.28 in December 2020, the ratio increased steadily to 4.36 by December 2024. This indicates that the company is generating more revenue relative to its fixed assets each year, showing an improvement in efficiency in utilizing its fixed assets to generate sales. The rising trend suggests that DaVita HealthCare Partners Inc is becoming more efficient in utilizing its fixed assets to drive revenue growth over the years. Overall, the upward trajectory of the fixed asset turnover ratio reflects positively on the company's asset management and operational efficiency.
Peer comparison
Dec 31, 2024