Premier Inc (PINC)
Fixed asset turnover
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,012,647 | 1,100,058 | 1,125,542 | 1,220,021 | 1,290,631 | 1,280,727 | 1,316,093 | 1,340,974 | 1,336,095 | 1,336,437 | 1,362,038 | 1,381,627 | 1,432,901 | 1,573,710 | 1,695,800 | 1,739,412 | 1,721,152 | 1,582,390 | 1,447,290 | 1,344,069 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | — | — | 212,308 | 206,687 | 207,045 | 245,759 | 252,909 | 222,583 | 269,592 | 272,781 | 272,470 | 223,689 | 220,569 | 214,166 |
| Fixed asset turnover | — | — | — | — | — | — | — | — | 6.29 | 6.47 | 6.58 | 5.62 | 5.67 | 7.07 | 6.29 | 6.38 | 6.32 | 7.07 | 6.56 | 6.28 |
June 30, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $1,012,647K ÷ $—K
= —
The fixed asset turnover ratios of Premier Inc over the period from September 30, 2020, through December 31, 2023, exhibit notable fluctuations that reflect variations in asset utilization efficiency and revenue generation relative to fixed assets.
Initially, the ratio increased from 6.28 in September 2020 to 6.56 in December 2020, and further rose to 7.07 by March 31, 2021, indicating an improvement in how effectively the company's fixed assets were generating revenue during this period. This upward trend suggests enhanced operational performance or better asset utilization.
Subsequently, a slight decline to 6.32 in June 30, 2021, is observed, followed by a marginal increase to 6.38 in September 2021 and stabilization around 6.29 by December 2021. These fluctuations imply a period of relative stability with minor variations in asset utilization effectiveness.
The ratio rebounded to 7.07 by March 31, 2022, matching earlier highs and signifying a resurgence in efficiency or revenue growth relative to fixed assets. However, a decline to 5.67 in June 30, 2022, and further to 5.62 in September 2022 indicates a downward adjustment, possibly due to increased asset base or stagnation in revenue growth.
Toward the end of 2022, the ratio improved again to 6.58 in December 2022, approaching the previous peaks, and remained relatively stable with a value of 6.47 in March 2023 and 6.29 in June 2023. Throughout this period, the fluctuations reflect inconsistent asset utilization or revenue patterns, but the overall range suggests a moderate level of assets efficiency.
The data for subsequent periods beyond June 2023 are unavailable, which precludes further analysis. Nonetheless, the observed trends depict a company experiencing intermittent efficiencies in its fixed assets’ use to generate revenue, with notable peaks around March 2021 and December 2022, and dips in mid-2022. The overall pattern indicates periods of asset utilization enhancement contrasted with times of relative underperformance, which may warrant further assessment of operational factors affecting asset efficiency.
Peer comparison
Jun 30, 2025