Owens & Minor Inc (OMI)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 10,700,900 | 10,334,000 | 9,955,480 | 9,785,320 | 8,480,180 |
| Property, plant and equipment | US$ in thousands | — | — | 858,934 | 511,241 | 460,417 |
| Fixed asset turnover | — | — | 11.59 | 19.14 | 18.42 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $10,700,900K ÷ $—K
= —
Owens & Minor Inc's fixed asset turnover has shown fluctuations over the years. In 2020, the fixed asset turnover was 18.42, indicating that the company generated $18.42 in sales revenue for every dollar invested in fixed assets. This ratio improved in 2021 to 19.14, suggesting more efficient utilization of fixed assets to generate sales.
However, there was a significant drop in fixed asset turnover in 2022 to 11.59, which may indicate less effective management of fixed assets in generating revenue. The absence of data for 2023 and 2024 limits the ability to assess the trend further.
Overall, analyzing the fixed asset turnover ratios provides insights into how efficiently Owens & Minor Inc is utilizing its fixed assets to generate sales revenue over the years, highlighting areas of strength and potential improvement in asset management strategies.
Peer comparison
Dec 31, 2024