Option Care Health Inc (OPCH)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 4,998,200 | 4,302,320 | 3,944,740 | 3,438,640 | 3,032,610 |
| Total assets | US$ in thousands | 3,421,740 | 3,217,040 | 3,112,940 | 2,790,920 | 2,647,440 |
| Total asset turnover | 1.46 | 1.34 | 1.27 | 1.23 | 1.15 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $4,998,200K ÷ $3,421,740K
= 1.46
Option Care Health Inc's total asset turnover has shown a positive trend over the years, increasing from 1.15 in December 2020 to 1.46 in December 2024. This indicates that the company is generating more revenue relative to its total assets, reflecting efficiency in asset utilization. The increasing trend suggests that Option Care Health Inc has been improving its ability to generate sales from its assets, which is a positive sign for the company's operational efficiency. Overall, the upward movement in total asset turnover indicates that Option Care Health Inc has been effectively utilizing its assets to drive revenue growth.
Peer comparison
Dec 31, 2024