American Woodmark Corporation (AMWD)
Fixed asset turnover
| Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,709,580 | 1,847,500 | 2,066,200 | 1,857,190 | 1,744,010 |
| Property, plant and equipment | US$ in thousands | — | — | 219,415 | 321,863 | 204,002 |
| Fixed asset turnover | — | — | 9.42 | 5.77 | 8.55 |
April 30, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $1,709,580K ÷ $—K
= —
The fixed asset turnover ratio for American Woodmark Corporation has demonstrated notable fluctuations over the observed period. As of April 30, 2021, the ratio was 8.55, indicating that the company generated relatively high sales volume relative to its fixed assets during that fiscal year. This figure experienced a significant decline by April 30, 2022, decreasing to 5.77, which suggests a reduction in sales efficiency in utilizing fixed assets or an increase in fixed assets without a proportional increase in sales.
Subsequently, by April 30, 2023, the ratio rebounded to 9.42, surpassing previous levels and implying improved efficiency in asset utilization or sales growth relative to fixed assets. Data for subsequent years (April 30, 2024, and April 30, 2025) are unavailable for analysis.
Overall, the trend indicates a period of decreased fixed asset efficiency in 2022, followed by a recovery that exceeds the original levels. The fluctuations could reflect changes in operational scale, strategic investments, or shifts in production processes, affecting how effectively the company's fixed assets support sales generation.