GE HealthCare Technologies Inc. (GEHC)
Fixed asset turnover
| Dec 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|
| Revenue | US$ in thousands | 18,952,000 | 18,199,000 |
| Property, plant and equipment | US$ in thousands | 2,144,000 | 2,001,000 |
| Fixed asset turnover | 8.84 | 9.09 |
December 31, 2023 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $18,952,000K ÷ $2,144,000K
= 8.84
Peer comparison
Dec 31, 2023
Company name
Symbol
Fixed asset turnover
GE HealthCare Technologies Inc.
GEHC
8.84
Hologic Inc
HOLX
7.49