Premier Inc (PINC)
Fixed asset turnover
Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 1,012,650 | 1,346,360 | 1,336,100 | 1,432,900 | 1,721,150 |
Property, plant and equipment | US$ in thousands | — | — | 212,308 | 252,909 | 272,470 |
Fixed asset turnover | — | — | 6.29 | 5.67 | 6.32 |
June 30, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $1,012,650K ÷ $—K
= —
The analysis of Premier Inc’s fixed asset turnover ratio over the indicated periods reveals a pattern of relative stability with some fluctuations. On June 30, 2021, the ratio stood at 6.32, indicating that for every dollar invested in fixed assets, the company generated approximately $6.32 in sales. This figure decreased to 5.67 by June 30, 2022, suggesting a decline in the efficiency with which the company utilized its fixed assets to generate sales during this period.
Subsequently, the ratio experienced a modest recovery, rising to 6.29 on June 30, 2023. This indicates a return to near previous levels of asset utilization efficiency, with the company generating approximately $6.29 in sales per dollar of fixed assets. The fluctuation reflects potential adjustments in asset management, sales efficiency, or operational changes within the period.
The absence of data for June 30, 2024, and June 30, 2025, precludes further trend analysis beyond 2023. Overall, the data suggests that Premier Inc maintained a relatively consistent fixed asset turnover ratio across the two-year span from 2021 to 2023 with minor fluctuations, potentially reflecting stable operational performance in utilizing its fixed assets to produce sales.
Peer comparison
Jun 30, 2025