Schrodinger Inc (SDGR)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 207,539 | 216,666 | 180,955 | 137,931 | 108,095 |
| Property, plant and equipment | US$ in thousands | — | — | 120,226 | 10,025 | 5,140 |
| Fixed asset turnover | — | — | 1.51 | 13.76 | 21.03 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $207,539K ÷ $—K
= —
The fixed asset turnover ratio for Schrodinger Inc has shown a significant decline over the years, starting at 21.03 in December 31, 2020, and decreasing to 13.76 by December 31, 2021. This suggests that the company is generating less revenue per dollar invested in fixed assets. The ratio further dropped to 1.51 by December 31, 2022, indicating a notable decrease in asset utilization efficiency. Unfortunately, the data is not available for the years 2023 and 2024, as denoted by "—". The declining trend in fixed asset turnover may indicate potential inefficiencies in the company's asset management strategies or difficulties in generating sales from their fixed assets.
Peer comparison
Dec 31, 2024