Dentsply Sirona Inc (XRAY)
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 | 3,793,000 | 3,900,000 | 3,896,000 | 3,940,000 | 3,965,000 | 3,936,000 | 3,936,000 | 3,931,000 | 3,918,000 | 4,023,000 | 4,145,000 | 4,189,000 | 4,251,000 | 4,245,000 | 4,070,800 | 3,494,400 | 3,341,700 | 3,371,200 | 3,438,500 | 3,957,300 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 935,000 | 772,000 | 770,000 | 961,000 | 771,000 | 949,000 | 975,000 | 966,000 | 954,000 | 953,000 | 758,000 | 791,000 | 772,400 | 771,700 | 776,600 |
| Fixed asset turnover | — | — | — | — | — | 4.21 | 5.10 | 5.11 | 4.08 | 5.22 | 4.37 | 4.30 | 4.40 | 4.45 | 4.27 | 4.61 | 4.22 | 4.36 | 4.46 | 5.10 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $3,793,000K ÷ $—K
= —
Fixed asset turnover is a financial ratio that measures a company's efficiency in generating sales revenue from its investments in fixed assets. In the case of Dentsply Sirona Inc, the fixed asset turnover has fluctuated over the past few years.
The fixed asset turnover ratio for Dentsply Sirona Inc was 5.10 as of March 31, 2020, which means that the company generated $5.10 in sales for every dollar invested in fixed assets. This indicates a high level of efficiency in utilizing its fixed assets to generate revenue.
Subsequently, the fixed asset turnover ratio decreased to 4.22 as of December 31, 2020, before increasing to 5.22 as of September 30, 2022. This fluctuation suggests varying levels of effectiveness in utilizing fixed assets to drive sales over this period.
As of the most recent data available, the fixed asset turnover ratio stood at 5.10 as of June 30, 2023. This indicates that the company is efficiently generating sales relative to its fixed asset base.
It is important to note that no data is available for the fixed asset turnover ratio for Dentsply Sirona Inc for the period after December 31, 2023. This lack of data makes it difficult to provide a complete analysis of the company's fixed asset turnover performance in more recent periods.
Overall, the analysis of the fixed asset turnover ratio for Dentsply Sirona Inc demonstrates fluctuations in the company's efficiency in utilizing its fixed assets to generate sales revenue over the specified period.
Peer comparison
Dec 31, 2024