Select Medical Holdings (SEM)
Total 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 |
| Total assets | US$ in thousands | 5,607,950 | 7,689,630 | 7,665,290 | 7,360,170 | 7,655,400 |
| Total asset turnover | 0.92 | 0.87 | 0.83 | 0.84 | 0.72 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $5,187,100K ÷ $5,607,950K
= 0.92
Select Medical Holdings' total asset turnover has shown a positive trend over the past five years, increasing from 0.72 in December 2020 to 0.92 in December 2024. This indicates that the company is generating more revenue relative to its total assets, which suggests improved efficiency in asset utilization. The steady improvement in total asset turnover demonstrates that Select Medical Holdings is managing its assets effectively and maximizing its operational performance. Overall, the increasing trend in total asset turnover reflects positively on the company's ability to generate sales from its asset base.
Peer comparison
Dec 31, 2024