Roivant Sciences Ltd (ROIV)

Fixed asset turnover

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
Revenue (ttm) US$ in thousands 76,195 97,555 125,677 158,303 124,795 123,241 103,153 78,585 61,280 43,127 50,416 51,870 55,286 61,209 42,618 29,954 23,795 8,649
Property, plant and equipment US$ in thousands — — — — — — 73,106 36,270 39,086 37,295 39,171 31,689 25,905 21,606 16,904 80,713 77,028 —
Fixed asset turnover — — — — — — 1.41 2.17 1.57 1.16 1.29 1.64 2.13 2.83 2.52 0.37 0.31 —

March 31, 2025 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $76,195K ÷ $—K
= —

The fixed asset turnover ratio of Roivant Sciences Ltd has shown variability over the provided periods. From March 31, 2021, to June 30, 2022, the ratio has been consistently decreasing, indicating a decline in the efficiency of generating revenue from fixed assets during that time. However, there was a significant improvement in the ratio from June 30, 2022, to March 31, 2023, suggesting a more effective utilization of fixed assets to generate sales.

Subsequently, the ratio fluctuated between March 31, 2023, and June 30, 2023, potentially indicating some instability or changes in the company's operations impacting the utilization of fixed assets for revenue generation. It dipped to 1.41 on September 30, 2023, before increasing to 2.17 on June 30, 2024, reflecting a possible rebound in the efficiency of turning fixed assets into sales.

However, from September 30, 2024, to March 31, 2025, there is missing data for the fixed asset turnover ratio, which limits a comprehensive analysis of the trend during this period. Overall, the trend in the fixed asset turnover ratio of Roivant Sciences Ltd suggests fluctuations in the efficiency of generating revenue from fixed assets, with periods of improvement and decline. These fluctuations could be influenced by various factors such as operational changes, asset management strategies, and shifts in the industry landscape.