USANA Health Sciences Inc (USNA)
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 | 856,402 | 864,228 | 877,532 | 902,933 | 923,927 | 930,694 | 950,819 | 977,178 | 1,001,860 | 1,041,382 | 1,082,496 | 1,155,009 | 1,190,168 | 1,235,586 | 1,258,823 | 1,180,028 | 1,137,751 | 1,095,421 | 1,057,506 | 1,054,531 |
| Property, plant and equipment | US$ in thousands | 94,565 | 98,033 | 97,686 | 98,186 | 99,814 | 95,159 | 95,736 | 96,798 | 97,773 | 95,228 | 97,827 | 100,792 | 101,780 | 100,957 | 97,849 | 98,622 | 100,445 | 99,400 | 98,435 | 97,246 |
| Fixed asset turnover | 9.06 | 8.82 | 8.98 | 9.20 | 9.26 | 9.78 | 9.93 | 10.10 | 10.25 | 10.94 | 11.07 | 11.46 | 11.69 | 12.24 | 12.86 | 11.97 | 11.33 | 11.02 | 10.74 | 10.84 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $856,402K ÷ $94,565K
= 9.06
USANA Health Sciences Inc's fixed asset turnover ratio has shown a relatively stable trend over the specified period. The company's fixed asset turnover has ranged between 8.82 and 12.86.
From March 31, 2020, to March 31, 2024, there was a general upward trend in the fixed asset turnover ratio, indicating that the company has been generating more revenue relative to its investment in fixed assets. However, starting from June 30, 2024, there was a slight decline in the ratio, with a decrease in the value to 8.98.
It is essential to monitor this ratio closely as a decreasing fixed asset turnover ratio could signal inefficiencies in asset utilization or potentially underperformance in generating sales from the company's fixed assets. Further investigation into the company's operational efficiencies and asset management practices may be warranted to address any concerning trends in the fixed asset turnover ratio.