Boise Cascad Llc (BCC)
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 | 6,812,980 | 6,797,160 | 7,116,260 | 7,578,370 | 8,360,740 | 8,514,380 | 8,240,730 | 8,406,320 | 7,901,650 | 7,597,790 | 7,293,450 | 6,093,030 | 5,440,690 | 5,070,190 | 4,771,050 | 4,764,580 | 4,643,400 | 4,607,500 | 4,676,500 | 4,854,500 |
| Property, plant and equipment | US$ in thousands | 932,633 | 789,541 | 784,562 | 772,734 | 770,023 | 744,547 | 493,817 | 491,395 | 495,240 | 459,254 | 457,291 | 456,067 | 461,456 | 447,330 | 446,773 | 455,506 | 476,949 | 464,373 | 464,095 | 460,650 |
| Fixed asset turnover | 7.31 | 8.61 | 9.07 | 9.81 | 10.86 | 11.44 | 16.69 | 17.11 | 15.96 | 16.54 | 15.95 | 13.36 | 11.79 | 11.33 | 10.68 | 10.46 | 9.74 | 9.92 | 10.08 | 10.54 |
December 31, 2023 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $6,812,980K ÷ $932,633K
= 7.31
Boise Cascade Co's fixed asset turnover has exhibited a declining trend from Q1 2022 to Q4 2023. The ratio peaked at 17.16 in Q1 2022 and has since decreased to 7.33 in Q4 2023. This downward trend indicates that the company is generating less revenue relative to its investment in fixed assets over time. A lower fixed asset turnover ratio may suggest inefficiency in utilizing assets to generate sales. Further analysis of cost controls, operational efficiency, and overall asset management may be warranted to address this declining trend and enhance the company's financial performance.
Peer comparison
Dec 31, 2023