Balchem Corporation (BCPC)

Fixed asset turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	US$ in thousands	953,684	922,439	942,358	799,023	703,644
Property, plant and equipment	US$ in thousands	—	—	271,355	246,805	228,096
Fixed asset turnover		—	—	3.47	3.24	3.08

December 31, 2024 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $953,684K ÷ $—K
= —

Balchem Corporation's fixed asset turnover ratio has shown a positive trend over the years, increasing from 3.08 in 2020 to 3.47 in 2022. This indicates that the company is generating more revenue from its fixed assets, highlighting operational efficiency and effective asset utilization. However, the data for 2023 and 2024 is not available, so it is challenging to assess the continued trend. Overall, the improving trend reflects positively on Balchem Corporation's ability to efficiently generate revenue from its fixed assets.

Peer comparison

Dec 31, 2024

Company name

Symbol

Fixed asset turnover

Balchem Corporation

BCPC

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