US Physicalrapy Inc (USPH)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 671,345 | 604,802 | 553,144 | 495,022 | 422,969 |
| Total assets | US$ in thousands | 1,167,470 | 997,238 | 858,154 | 749,426 | 594,361 |
| Total asset turnover | 0.58 | 0.61 | 0.64 | 0.66 | 0.71 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $671,345K ÷ $1,167,470K
= 0.58
US Physicalrapy Inc's total asset turnover has shown a declining trend over the past five years, decreasing from 0.71 in December 31, 2020, to 0.58 in December 31, 2024. This indicates that the company is generating less revenue for each dollar of assets invested, which could suggest inefficiencies in asset utilization or declining sales relative to the size of its asset base. Further investigation into the reasons behind this decline in total asset turnover is recommended to identify and address any underlying operational or financial challenges facing the company.
Peer comparison
Dec 31, 2024
Company name
Symbol
Total asset turnover
US Physicalrapy Inc
USPH
0.58
Privia Health Group Inc
PRVA
1.67