Autoliv Inc (ALV)
Fixed asset turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 10,368,000 | 9,932,000 | 9,663,000 | 9,121,000 | 8,838,000 | 8,682,000 | 8,228,000 | 8,166,000 | 8,201,000 | 8,581,800 | 8,764,800 | 7,790,600 | 7,394,100 | 7,068,500 | 7,064,100 | 8,169,500 | 8,496,000 | 8,497,600 | 8,500,100 | 8,560,700 |
| Property, plant and equipment | US$ in thousands | 2,192,000 | 2,067,000 | 2,047,000 | 2,045,000 | 1,960,000 | 1,795,000 | 1,806,000 | 1,853,000 | 1,855,000 | 1,813,000 | 1,833,000 | 1,810,000 | 1,869,000 | 1,779,100 | 1,753,100 | 1,749,500 | 1,815,700 | 1,747,900 | 1,765,000 | 1,710,900 |
| Fixed asset turnover | 4.73 | 4.81 | 4.72 | 4.46 | 4.51 | 4.84 | 4.56 | 4.41 | 4.42 | 4.73 | 4.78 | 4.30 | 3.96 | 3.97 | 4.03 | 4.67 | 4.68 | 4.86 | 4.82 | 5.00 |
December 31, 2023 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $10,368,000K ÷ $2,192,000K
= 4.73
Autoliv Inc.'s fixed asset turnover ratio has shown some fluctuations over the past eight quarters. The ratio ranged from a low of 4.38 in Q1 2022 to a high of 4.87 in Q3 2023, indicating the ability of the company to generate revenue from its fixed assets. Overall, the company has maintained a relatively high fixed asset turnover ratio, with an average of 4.61 over the period. This suggests that Autoliv Inc. efficiently utilizes its fixed assets to generate sales. However, it is important to assess the trend over a longer period to identify any potential patterns or anomalies.
Peer comparison
Dec 31, 2023