Privia Health Group Inc (PRVA)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,736,390 | 1,716,318 | 1,695,679 | 1,686,704 | 1,657,737 | 1,581,333 | 1,506,950 | 1,429,135 | 1,356,660 | 1,267,569 | 1,176,194 | 1,066,414 | 966,220 | 904,586 | 860,232 | 817,740 | 817,075 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | 2,876 | 3,095 | 3,386 | 12,189 | 3,959 | 4,229 | 14,136 | 9,718 | 10,067 | 4,529 | — |
| Fixed asset turnover | — | — | — | — | — | — | 523.97 | 461.76 | 400.67 | 103.99 | 297.09 | 252.17 | 68.35 | 93.08 | 85.45 | 180.56 | — |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $1,736,390K ÷ $—K
= —
Fixed asset turnover is a financial ratio that measures a company's efficiency in generating revenue from its fixed assets. A higher fixed asset turnover ratio indicates that the company is utilizing its fixed assets effectively to generate sales.
Based on the data provided for Privia Health Group Inc, the fixed asset turnover ratios have fluctuated over the reporting periods. The ratio was not available for December 31, 2020, and some future dates, indicating potential data gaps or changes in reporting.
For the available periods, the fixed asset turnover ratio ranged from 68.35 to 523.97. The significant increase in the ratio from 68.35 on December 31, 2021, to 523.97 on June 30, 2023, suggests that Privia Health Group Inc improved its efficiency in generating revenue from its fixed assets during this period.
It is important to note that a very high fixed asset turnover ratio may indicate that the company is either efficiently utilizing its assets or potentially operating with low fixed asset values. Therefore, further analysis and comparison with industry benchmarks may provide additional insights into Privia Health Group Inc's performance in managing its fixed assets to drive revenue.
Peer comparison
Dec 31, 2024