Insulet Corporation (PODD)

Fixed asset turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 2,071,600 1,697,100 1,305,300 1,098,800 904,400
Property, plant and equipment US$ in thousands — — 599,900 536,500 478,700
Fixed asset turnover — — 2.18 2.05 1.89

December 31, 2024 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $2,071,600K ÷ $—K
= —

Insulet Corporation's fixed asset turnover has shown a positive trend over the years, increasing from 1.89 in 2020 to 2.05 in 2021 and further to 2.18 in 2022. This indicates that the company is generating more revenue relative to its investment in fixed assets, which is a positive sign of operational efficiency. The lack of data for 2023 and 2024 prevents a complete analysis of the trend for those years. Overall, the increasing trend in fixed asset turnover reflects a potentially effective utilization of the company's fixed assets in generating sales.