US Physicalrapy Inc (USPH)
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 | 671,345 | 645,699 | 627,673 | 611,968 | 604,802 | 591,183 | 580,778 | 569,949 | 553,144 | 541,795 | 528,086 | 514,358 | 495,022 | 488,399 | 469,431 | 426,360 | 426,709 | 425,613 | 435,939 | 478,455 |
| Total assets | US$ in thousands | 1,167,470 | 1,029,190 | 1,023,130 | 1,017,260 | 997,238 | 997,238 | 999,581 | 868,127 | 858,154 | 799,708 | 796,444 | 763,863 | 749,426 | 630,098 | 749,426 | 749,426 | 594,361 | 575,438 | 585,018 | 594,361 |
| Total asset turnover | 0.58 | 0.63 | 0.61 | 0.60 | 0.61 | 0.59 | 0.58 | 0.66 | 0.64 | 0.68 | 0.66 | 0.67 | 0.66 | 0.78 | 0.63 | 0.57 | 0.72 | 0.74 | 0.75 | 0.80 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $671,345K ÷ $1,167,470K
= 0.58
US Physicalrapy Inc's total asset turnover has exhibited some fluctuations over the years, ranging from 0.57 to 0.80. The total asset turnover ratio indicates how efficiently the company is utilizing its assets to generate sales. A higher ratio is generally preferred as it suggests that the company is generating more sales for each dollar invested in assets.
The downward trend from 0.80 in March 2020 to 0.58 in June 2023 indicates a decrease in the company's ability to generate sales relative to its total assets during this period. However, there have been some fluctuations in the ratio since then.
Overall, it is important for US Physicalrapy Inc to closely monitor and potentially improve its total asset turnover to ensure efficient utilization of assets and maximize sales generation.
Peer comparison
Dec 31, 2024