Select Medical Holdings (SEM)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,187,100 | 6,664,060 | 6,333,540 | 6,204,520 | 5,531,710 |
| Property, plant and equipment | US$ in thousands | — | — | 2,171,180 | 961,467 | 943,420 |
| Fixed asset turnover | — | — | 2.92 | 6.45 | 5.86 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $5,187,100K ÷ $—K
= —
Select Medical Holdings' fixed asset turnover ratio has shown fluctuations over the years:
1. In December 2020, the fixed asset turnover was calculated at 5.86, indicating that the company generated $5.86 in revenue for every dollar invested in fixed assets during that period. This suggests efficient utilization of fixed assets to generate revenue.
2. The ratio improved in December 2021, reaching 6.45, which indicates an increase in efficiency in generating revenue from fixed assets year over year. This could signal better asset management or increased revenue generation.
3. However, there was a notable decline in the fixed asset turnover ratio in December 2022, dropping to 2.92. This significant decrease may suggest a decrease in revenue generated from fixed assets compared to the previous year, possibly due to operational challenges or changes in the business environment.
4. Unfortunately, there is no data available for December 2023 and December 2024, represented as "—". This lack of information limits our ability to assess the trend or performance during those periods.
Overall, the fluctuation in the fixed asset turnover ratio for Select Medical Holdings indicates varying levels of efficiency in utilizing fixed assets to generate revenue over the years, and it would be important to closely monitor future trends to understand the underlying factors driving these fluctuations.
Peer comparison
Dec 31, 2024