Lantheus Holdings Inc (LNTH)
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 | 1,533,910 | 1,496,799 | 1,438,011 | 1,365,620 | 1,296,429 | 1,205,596 | 1,124,942 | 1,026,965 | 935,061 | 801,457 | 664,238 | 541,579 | 425,208 | 389,798 | 376,269 | 341,215 | 339,410 | 334,604 | 331,836 | 351,531 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | 129,981 | — | 141,199 | 129,119 | 119,004 | 125,634 | 116,772 | 116,441 | 118,493 | 118,381 | 120,171 | 122,381 | 122,903 | 108,613 |
| Fixed asset turnover | — | — | — | — | — | — | 8.65 | — | 6.62 | 6.21 | 5.58 | 4.31 | 3.64 | 3.35 | 3.18 | 2.88 | 2.82 | 2.73 | 2.70 | 3.24 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $1,533,910K ÷ $—K
= —
The fixed asset turnover ratio for Lantheus Holdings Inc has shown a consistent increasing trend from March 31, 2020, to June 30, 2022, indicating the company's ability to generate revenue relative to its investment in fixed assets has been improving. The ratio increased from 3.24 on March 31, 2020, to 5.58 on June 30, 2022. This suggests that Lantheus Holdings Inc has been utilizing its fixed assets more efficiently to generate sales.
The significant increase in fixed asset turnover from March 31, 2022, to December 31, 2022, reaching 6.62, indicates a substantial improvement in the company's efficiency in utilizing its fixed assets to generate revenue. This may be attributed to better asset management or increased sales generated from the existing asset base.
The absence of data for the fixed asset turnover ratio beyond June 30, 2023, suggests that the company may not have reported data for the periods from March 31, 2023, onwards. This lack of data makes it difficult to determine the trend in the fixed asset turnover ratio for the later periods.
Overall, the increasing trend in the fixed asset turnover ratio for Lantheus Holdings Inc up to December 31, 2022, reflects positively on the company's operational efficiency and ability to generate sales from its fixed asset base.
Peer comparison
Dec 31, 2024