Insulet Corporation (PODD)

Fixed 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	1,900,300	1,812,600	1,872,700	1,780,700	1,697,100	1,557,000	1,465,100	1,368,000	1,305,300	1,243,300	1,178,100	1,141,900	1,098,800	1,037,200	995,600	958,700	904,400	867,700	825,815	776,651
Property, plant and equipment	US$ in thousands	—	—	—	—	—	—	601,500	596,600	599,900	553,100	535,800	538,200	536,500	515,400	505,500	497,900	478,700	449,200	423,200	412,400
Fixed asset turnover		—	—	—	—	—	—	2.44	2.29	2.18	2.25	2.20	2.12	2.05	2.01	1.97	1.93	1.89	1.93	1.95	1.88

December 31, 2024 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $1,900,300K ÷ $—K
= —

The fixed asset turnover ratio measures how efficiently a company is utilizing its fixed assets to generate revenue. A higher fixed asset turnover ratio indicates better utilization of fixed assets.

In the case of Insulet Corporation, the fixed asset turnover has been steadily increasing from 1.88 in March 2020 to 2.44 in June 2023. This indicates that Insulet Corporation has been improving its efficiency in generating revenue from its fixed assets over this period.

However, it's worth noting that the fixed asset turnover ratio is not available for the periods beyond June 2023. It would be important to monitor this ratio in the future to assess if Insulet Corporation continues to maintain or improve its efficiency in utilizing its fixed assets to generate revenue.