DexCom Inc (DXCM)

Fixed asset turnover

		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	Mar 31, 2020
Revenue (ttm)	US$ in thousands	4,033,000	3,954,000	3,934,800	3,801,800	3,622,300	3,403,000	3,197,600	3,022,500	2,909,800	2,792,800	2,673,400	2,572,300	2,448,500	2,319,200	2,169,900	2,026,600	1,926,700	1,820,600	1,716,000	1,600,600
Property, plant and equipment	US$ in thousands	—	—	—	—	—	1,152,300	—	1,075,500	1,135,600	1,002,500	942,900	856,500	889,900	833,500	770,800	688,700	515,300	461,800	384,300	346,100
Fixed asset turnover		—	—	—	—	—	2.95	—	2.81	2.56	2.79	2.84	3.00	2.75	2.78	2.82	2.94	3.74	3.94	4.47	4.62

December 31, 2024 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $4,033,000K ÷ $—K
= —

The fixed asset turnover ratio of DexCom Inc has demonstrated a declining trend over the periods from March 31, 2020, to September 30, 2022. During this period, the ratio decreased from 4.62 to 2.79, indicating a decrease in efficiency in generating sales revenue from the company's fixed assets.

From March 31, 2023, there was a slight improvement in the fixed asset turnover ratio as it increased to 2.81 and further increased to 2.95 by September 30, 2023. This improvement suggests a potential uptick in the company's ability to utilize its fixed assets more effectively to generate sales.

However, the data for the following periods from December 31, 2023, to December 31, 2024, is not available (represented as "\u2014"). The absence of data for these periods makes it challenging to assess the company's performance in terms of fixed asset turnover during these specific timeframes.

Overall, the trend observed in DexCom Inc's fixed asset turnover ratio reflects fluctuations in the company's efficiency in utilizing its fixed assets to generate sales revenue. Further analysis and additional data for the periods with missing information would be required to provide a more comprehensive evaluation of the company's fixed asset turnover performance.