OSI Systems Inc (OSIS)

Fixed asset turnover

Jun 30, 2025 Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021
Revenue US$ in thousands 1,713,170 1,538,760 1,278,430 1,183,240 1,146,900
Property, plant and equipment US$ in thousands 108,933 109,684 118,004
Fixed asset turnover 11.74 10.79 9.72

June 30, 2025 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $1,713,170K ÷ $—K
= —

The analysis of OSI Systems Inc's fixed asset turnover over the period from June 30, 2021, to June 30, 2023, indicates a consistent upward trend. Specifically, the ratio increased from 9.72 in 2021 to 10.79 in 2022, and further to 11.74 in 2023. This progression suggests that the company has been becoming increasingly efficient in utilizing its fixed assets to generate sales. The rising fixed asset turnover ratio reflects an improvement in asset management, likely due to better utilization of capital assets, sales growth relative to fixed assets, or a combination of both factors. The absence of data beyond June 2023 precludes further analysis for subsequent periods, but the observed trend up to 2023 demonstrates positive asset efficiency performance for OSI Systems Inc during this time frame.