AeroVironment Inc (AVAV)
Fixed asset turnover
Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 692,722 | 716,720 | 540,536 | 445,732 | 394,912 |
Property, plant and equipment | US$ in thousands | — | — | 67,158 | 90,225 | 81,798 |
Fixed asset turnover | — | — | 8.05 | 4.94 | 4.83 |
April 30, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $692,722K ÷ $—K
= —
The fixed asset turnover ratio for AeroVironment Inc demonstrates a notable upward trend over the analyzed period. As of April 30, 2021, the ratio stood at 4.83, indicating the company's efficiency in generating sales from its fixed assets. This metric increased slightly to 4.94 by April 30, 2022, suggesting some improvement in asset utilization. The ratio experienced a significant acceleration by April 30, 2023, reaching 8.05, nearly doubling the previous year's value. This substantial increase implies a marked enhancement in the company's efficiency in leveraging its fixed assets to generate revenue. Data beyond April 30, 2023, is not available for subsequent periods. Overall, the trend indicates AeroVironment Inc has substantially improved its fixed asset utilization efficiency between 2021 and 2023.
Peer comparison
Apr 30, 2025