Omnicell Inc (OMCL)
Total 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 |
| Total assets | US$ in thousands | 2,120,960 | 2,303,590 | 2,291,660 | 2,283,760 | 2,226,880 | 2,221,580 | 2,193,870 | 2,250,840 | 2,210,760 | 2,179,680 | 2,131,460 | 2,122,590 | 2,142,500 | 2,051,470 | 1,960,990 | 1,886,620 | 1,824,500 | 1,719,280 | 1,222,450 | 1,231,650 |
| Total asset turnover | 0.52 | 0.46 | 0.47 | 0.48 | 0.52 | 0.53 | 0.56 | 0.56 | 0.59 | 0.60 | 0.59 | 0.56 | 0.53 | 0.52 | 0.50 | 0.48 | 0.49 | 0.52 | 0.74 | 0.75 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,112,238K ÷ $2,120,960K
= 0.52
Omnicell Inc's total asset turnover has displayed fluctuations over the reported period, ranging from 0.46 to 0.75. The trend shows a general decline from the initial value of 0.75 as of March 31, 2020, reaching its lowest point of 0.46 by September 30, 2024, before rebounding slightly to 0.52 by December 31, 2024. This indicates that the company's ability to generate sales from its total assets decreased over time, potentially signaling efficiency challenges in asset utilization. Further analysis is recommended to identify the underlying reasons for this trend and assess the company's operational performance in utilizing its assets effectively.
Peer comparison
Dec 31, 2024