Omnicell Inc (OMCL)
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 | 1,112,238 | 1,064,206 | 1,080,449 | 1,102,634 | 1,147,112 | 1,185,939 | 1,235,335 | 1,267,748 | 1,295,947 | 1,309,307 | 1,257,650 | 1,199,003 | 1,132,018 | 1,070,186 | 987,483 | 914,365 | 892,208 | 891,298 | 906,404 | 924,196 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | 103,212 | 98,373 | 93,961 | 132,489 | 128,074 | 120,266 | 119,690 | 113,928 | 111,682 | 60,538 | 59,073 | 57,559 | 57,866 | 52,997 |
| Fixed asset turnover | — | — | — | — | — | — | 11.97 | 12.89 | 13.79 | 9.88 | 9.82 | 9.97 | 9.46 | 9.39 | 8.84 | 15.10 | 15.10 | 15.48 | 15.66 | 17.44 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $1,112,238K ÷ $—K
= —
Omnicell Inc's fixed asset turnover ratio measures the efficiency with which the company generates revenue from its investments in fixed assets. The trend of the fixed asset turnover ratio over the reported periods shows fluctuations.
The fixed asset turnover ratio decreased from 17.44 in March 2020 to 9.88 in September 2022, indicating a decline in the company's ability to generate revenue from its fixed assets during those periods. However, there was an increase in the ratio to 13.79 by December 2022, suggesting some improvement.
Subsequently, the ratio decreased to 11.97 in June 2023 and further dropped to 9.97 in March 2024, reflecting a potential decline in asset efficiency.
It is notable that there are missing values for the fixed asset turnover ratio in the latter half of 2023 and throughout 2024, which limits a comprehensive evaluation of the trend for those periods.
Overall, analyzing the fixed asset turnover ratio provides insights into Omnicell Inc's utilization of fixed assets to generate revenue, and the fluctuations in the ratio indicate varying levels of efficiency over the reported periods.
Peer comparison
Dec 31, 2024