Option Care Health Inc (OPCH)
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 | 4,998,210 | 4,776,180 | 4,590,640 | 4,432,520 | 4,302,320 | 4,205,140 | 4,133,050 | 4,044,800 | 3,944,734 | 3,844,718 | 3,715,735 | 3,595,187 | 3,438,640 | 3,316,159 | 3,205,831 | 3,086,407 | 3,032,610 | 2,948,676 | 2,782,947 | 2,233,616 |
| Total assets | US$ in thousands | 3,421,740 | 3,427,730 | 3,348,590 | 3,249,560 | 3,328,350 | 3,243,620 | 3,320,900 | 3,130,400 | 3,112,940 | 3,073,260 | 2,985,910 | 2,878,280 | 2,790,920 | 2,786,140 | 2,718,760 | 2,640,470 | 2,647,440 | 2,668,490 | 2,626,260 | 2,612,530 |
| Total asset turnover | 1.46 | 1.39 | 1.37 | 1.36 | 1.29 | 1.30 | 1.24 | 1.29 | 1.27 | 1.25 | 1.24 | 1.25 | 1.23 | 1.19 | 1.18 | 1.17 | 1.15 | 1.10 | 1.06 | 0.85 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $4,998,210K ÷ $3,421,740K
= 1.46
Option Care Health Inc's total asset turnover has been gradually increasing over the past few years, indicating that the company has been more efficient in generating sales from its assets. The ratio improved from 0.85 as of March 31, 2020, to 1.46 as of December 31, 2024. This signifies that for every dollar of assets held by the company, it generated $1.46 in sales revenue at the end of 2024.
The consistent upward trend in total asset turnover suggests that Option Care Health Inc has been managing its assets effectively by utilizing them to generate more revenue. This improvement could be attributed to various factors, such as increased operational efficiency, better inventory management, or successful utilization of fixed assets. Overall, the increasing total asset turnover ratio indicates that Option Care Health Inc has been utilizing its assets efficiently to drive sales growth.
Peer comparison
Dec 31, 2024