R1 RCM Inc (RCM)
Fixed asset turnover
Dec 31, 2023 | Dec 31, 2022 | ||
---|---|---|---|
Revenue | US$ in thousands | 2,249,600 | 1,808,000 |
Property, plant and equipment | US$ in thousands | 173,700 | 164,800 |
Fixed asset turnover | 12.95 | 10.97 |
December 31, 2023 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $2,249,600K ÷ $173,700K
= 12.95
Peer comparison
Dec 31, 2023
Company name
Symbol
Fixed asset turnover
R1 RCM Inc
RCM
12.95
Gartner Inc
IT
22.84
Premier Inc
PINC
6.54