Builders FirstSource Inc (BLDR)

Fixed asset turnover

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Revenue (ttm)	US$ in thousands	16,400,480	16,731,040	17,032,810	17,105,360	17,097,320	17,304,020	18,531,220	20,928,590	22,726,410	23,003,660	22,750,790	21,401,210	19,893,860	17,789,810	14,576,670	10,945,630	8,558,870	7,791,680	7,477,270	7,436,150
Property, plant and equipment	US$ in thousands	—	—	—	—	—	2,252,620	—	1,605,580	2,053,340	1,991,650	1,420,720	1,386,000	1,843,270	1,336,890	1,730,620	1,297,760	749,130	750,841	743,542	730,738
Fixed asset turnover		—	—	—	—	—	7.68	—	13.03	11.07	11.55	16.01	15.44	10.79	13.31	8.42	8.43	11.43	10.38	10.06	10.18

December 31, 2024 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $16,400,480K ÷ $—K
= —

Builders FirstSource Inc's fixed asset turnover ratio has exhibited some fluctuations over the period under review. The ratio started at a high of 10.18 in March 2020, indicating that the company generated $10.18 in sales for every dollar invested in fixed assets.

Subsequently, the fixed asset turnover remained relatively stable, hovering between 10 and 11 for most of the following quarters. Notably, there was a significant increase in the ratio to 13.31 in September 2021, suggesting improved efficiency in utilizing fixed assets to generate revenue.

The ratio then peaked at 16.01 in June 2022, reflecting a substantial increase in revenue generated per dollar of fixed assets. However, the ratio dropped in the following periods, reaching 7.68 in September 2023. This decline could indicate a decrease in productivity or efficiency in utilizing fixed assets to generate sales.

It is important to note the lack of data for the latter part of 2023 and all of 2024, which limits a complete assessment of the trend in fixed asset turnover for Builders FirstSource Inc. Overall, the fluctuating trend in fixed asset turnover suggests varying levels of efficiency in utilizing fixed assets to generate sales during the period under review.