Gilead Sciences Inc (GILD)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 28,754,000 | 27,116,000 | 27,281,000 | 27,305,000 | 24,689,000 |
| Property, plant and equipment | US$ in thousands | — | — | 5,475,000 | 5,121,000 | 4,967,000 |
| Fixed asset turnover | — | — | 4.98 | 5.33 | 4.97 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $28,754,000K ÷ $—K
= —
The fixed asset turnover ratio reflects Gilead Sciences Inc's efficiency in generating revenue from its fixed assets. From the data provided, we observe that the fixed asset turnover ratio has been relatively stable over the years, starting at 4.97 in December 2020 and increasing to 5.33 in December 2021. However, there was a slight decrease to 4.98 in December 2022. Notably, the data shows that there is no data available for December 2023 and December 2024.
Overall, the trend indicates that Gilead Sciences Inc has been effectively utilizing its fixed assets to generate sales revenue, with a moderate fluctuation in the ratio over the years analyzed. The absence of data for the last two years hinders a comprehensive assessment of the company's recent performance in this aspect, highlighting the importance of regular data updates for a more accurate analysis.
Peer comparison
Dec 31, 2024