Lantheus Holdings Inc (LNTH)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,533,910 | 1,296,430 | 935,061 | 425,208 | 339,410 |
| Property, plant and equipment | US$ in thousands | — | — | 141,199 | 116,772 | 120,171 |
| Fixed asset turnover | — | — | 6.62 | 3.64 | 2.82 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $1,533,910K ÷ $—K
= —
Based on the provided data, Lantheus Holdings Inc's fixed asset turnover has been improving steadily over the past few years. The fixed asset turnover ratio measures how efficiently the company is utilizing its fixed assets to generate revenue.
In 2020, the fixed asset turnover ratio was 2.82, indicating that for every dollar invested in fixed assets, the company generated $2.82 in revenue. This ratio increased to 3.64 in 2021 and further improved to 6.62 in 2022, reflecting a significant increase in the efficiency of fixed asset utilization.
However, the data for 2023 and 2024 is missing ("—"), making it difficult to assess the trend in those years. It is important for the company to provide complete and up-to-date financial data for a more comprehensive analysis.
Overall, the increasing trend in fixed asset turnover from 2020 to 2022 suggests that Lantheus Holdings Inc has been effectively leveraging its fixed assets to generate revenue. This improvement may indicate better operational efficiency and effective management of resources.
Peer comparison
Dec 31, 2024