Autoliv Inc (ALV)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 10,390,000 | 10,475,000 | 8,842,000 | 8,230,000 | 7,447,400 |
| Property, plant and equipment | US$ in thousands | — | — | 2,120,000 | 1,987,000 | 1,869,100 |
| Fixed asset turnover | — | — | 4.17 | 4.14 | 3.98 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $10,390,000K ÷ $—K
= —
The fixed asset turnover ratio measures how efficiently Autoliv Inc is generating sales revenue from its investment in fixed assets. Over the past few years, the company's fixed asset turnover has shown an improving trend. In December 2020, the ratio stood at 3.98, and it increased to 4.14 by December 2021. This indicates that Autoliv was able to generate $4.14 in sales for every $1 invested in fixed assets by the end of 2021.
The trend continued to improve in the following years, reaching 4.17 by December 2022. This suggests that the company's management is effectively utilizing its fixed assets to generate revenue. However, the lack of data for 2023 and 2024 prevents us from further analyzing the trend.
Overall, the increasing trend in Autoliv's fixed asset turnover ratio indicates that the company has been efficient in utilizing its fixed assets to drive sales growth and improve overall operational efficiency.
Peer comparison
Dec 31, 2024