Supernus Pharmaceuticals Inc (SUPN)

Fixed 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 661,817 654,387 632,578 598,906 607,521 619,414 641,163 674,751 673,056 651,277 618,187 585,808 560,079 545,016 551,524 536,576 506,717 465,383 418,476 402,257
Property, plant and equipment US$ in thousands 11,545 11,876 12,274 12,969 13,530 13,688 14,186 14,611 15,173 15,872 16,317 17,215 16,955 16,471 17,065 37,950 37,824 17,395 17,941 18,011
Fixed asset turnover 57.32 55.10 51.54 46.18 44.90 45.25 45.20 46.18 44.36 41.03 37.89 34.03 33.03 33.09 32.32 14.14 13.40 26.75 23.33 22.33

December 31, 2024 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $661,817K ÷ $11,545K
= 57.32

Supernus Pharmaceuticals Inc's fixed asset turnover has shown a consistent upward trend over the past few years, indicating improved efficiency in generating revenue from its fixed assets. The ratio has increased steadily from 22.33 in March 2020 to 57.32 in December 2024. This signifies that the company is utilizing its fixed assets more effectively to generate sales, which is a positive sign of operational efficiency and asset utilization.

The significant increase in fixed asset turnover from 2020 to 2024 suggests that Supernus Pharmaceuticals Inc has been able to increase its revenue generation relative to its investment in fixed assets. A higher fixed asset turnover ratio implies that the company is generating more sales per dollar invested in fixed assets, which is favorable for profitability and overall financial performance.

Overall, the improving trend in fixed asset turnover reflects well on Supernus Pharmaceuticals Inc's operational efficiency and productivity in utilizing its fixed assets to drive revenue growth. This could indicate effective management of assets and resources within the company, leading to a stronger financial position and potential for sustainable growth in the future.