Select Medical Holdings (SEM)
Total asset turnover
| 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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 5,187,103 | 6,968,550 | 6,873,020 | 6,787,890 | 6,664,060 | 6,586,660 | 6,488,760 | 6,398,970 | 6,333,540 | 6,311,890 | 6,278,320 | 6,257,600 | 6,204,510 | 6,105,190 | 5,994,840 | 5,663,540 | 5,531,710 | 5,445,800 | 5,415,270 | 5,543,910 |
| Total assets | US$ in thousands | 5,607,950 | 8,002,660 | 7,875,300 | 7,858,260 | 7,689,630 | 7,684,010 | 7,701,870 | 7,699,740 | 7,665,290 | 7,554,980 | 7,551,660 | 7,535,940 | 7,360,170 | 7,899,470 | 7,956,380 | 7,920,780 | 7,655,400 | 7,659,880 | 7,468,460 | 7,115,570 |
| Total asset turnover | 0.92 | 0.87 | 0.87 | 0.86 | 0.87 | 0.86 | 0.84 | 0.83 | 0.83 | 0.84 | 0.83 | 0.83 | 0.84 | 0.77 | 0.75 | 0.72 | 0.72 | 0.71 | 0.73 | 0.78 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $5,187,103K ÷ $5,607,950K
= 0.92
Select Medical Holdings' total asset turnover has shown a fluctuating trend over the past few years, ranging from 0.71 to 0.92. The total asset turnover ratio measures how efficiently the company generates revenue from its total assets. A higher ratio indicates that the company is utilizing its assets more effectively to generate sales.
In the case of Select Medical Holdings, the total asset turnover has generally been improving over the period, with an uptrend observed from 0.71 in September 2020 to 0.92 by December 2024. This suggests that the company has been able to increase its sales relative to its total assets, which could be a positive sign of operational efficiency and effective asset utilization.
However, it is essential to further analyze the factors contributing to this improvement in total asset turnover to determine the underlying reasons for the trend. Additionally, comparing this ratio with industry peers and examining other financial metrics would provide a more comprehensive understanding of Select Medical Holdings' overall financial performance and efficiency in asset management.
Peer comparison
Dec 31, 2024