Avista Corporation (AVA)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,938,000 | 1,751,550 | 1,710,210 | 1,438,940 | 1,321,890 |
| Property, plant and equipment | US$ in thousands | — | — | 5,444,710 | 5,225,520 | 4,991,610 |
| Fixed asset turnover | — | — | 0.31 | 0.28 | 0.26 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $1,938,000K ÷ $—K
= —
The fixed asset turnover ratio measures how efficiently a company generates sales revenue from its investment in fixed assets. For Avista Corporation, the fixed asset turnover has shown a gradual improvement from 0.26 in December 2020 to 0.31 in December 2022. This indicates that over this period, Avista has been able to generate more sales relative to its investment in fixed assets. However, it is important to note that the data is incomplete for December 2023 and 2024, which limits the ability to draw a conclusive trend. Overall, the increasing trend in fixed asset turnover suggests improved efficiency in utilizing fixed assets to generate sales revenue.
Peer comparison
Dec 31, 2024