Hims Hers Health Inc (HIMS)
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 | 1,476,514 | 1,241,994 | 1,067,137 | 959,401 | 872,000 | 792,584 | 710,721 | 616,372 | 526,916 | 444,412 | 373,749 | 320,878 | 271,878 | 228,645 | 195,796 | 171,008 | 148,757 | 132,060 | 90,736 | 54,832 |
| Property, plant and equipment | US$ in thousands | -24,499 | -19,921 | -17,147 | -14,244 | -12,244 | -10,337 | 4,735 | 4,548 | 3,000 | 5,318 | 4,459 | 4,787 | 2,200 | — | — | — | 1,700 | — | — | — |
| Fixed asset turnover | — | — | — | — | — | — | 150.10 | 135.53 | 175.64 | 83.57 | 83.82 | 67.03 | 123.58 | — | — | — | 87.50 | — | — | — |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $1,476,514K ÷ $-24,499K
= —
The fixed asset turnover ratio for Hims Hers Health Inc has shown fluctuating trends over the past few quarters. The ratio was not calculable in the earlier quarters but saw a significant increase to 87.50 in December 2020. This indicates that the company generated $87.50 in revenue for every dollar invested in fixed assets during that period.
Subsequently, the ratio dropped in the following quarters but saw a sharp increase to 175.64 in December 2022, signifying a notable improvement in efficiency in utilizing fixed assets to generate revenue. This suggests that the company was able to generate $175.64 in revenue for every dollar invested in fixed assets at the end of 2022.
However, the ratio decreased in the following quarters to 135.53 in March 2023 and then further to 150.10 in June 2023. The ratio could not be calculated in the subsequent quarters.
Overall, the trend in the fixed asset turnover ratio suggests that Hims Hers Health Inc experienced fluctuations in its efficiency in using fixed assets to generate revenue. Investors and stakeholders may want to monitor this ratio in the future to assess the company's ability to effectively utilize its fixed assets for revenue generation.
Peer comparison
Dec 31, 2024