DaVita HealthCare Partners Inc (DVA)
Total 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 |
| Total assets | US$ in thousands | 17,285,300 | 16,893,600 | 16,928,300 | 17,121,500 | 16,988,500 |
| Total asset turnover | 0.74 | 0.72 | 0.69 | 0.68 | 0.68 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $12,815,600K ÷ $17,285,300K
= 0.74
DaVita HealthCare Partners Inc's total asset turnover has shown a gradual improvement over the years. From 2020 to 2024, the total asset turnover ratio has increased from 0.68 to 0.74. This indicates that the company is generating more revenue per dollar of assets invested, reflecting increased efficiency in asset utilization and potentially better management of its assets. The rising trend in total asset turnover suggests that DaVita HealthCare Partners Inc is becoming more effective in generating sales from its assets, which can be a positive sign of operational efficiency and profitability. Further monitoring of this ratio will be important to assess the company's ongoing performance in managing its assets effectively.
Peer comparison
Dec 31, 2024