Caseys General Stores Inc (CASY)
Fixed asset turnover
| Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 15,940,900 | 14,862,900 | 15,094,500 | 12,952,600 | 8,707,190 |
| Property, plant and equipment | US$ in thousands | — | — | 6,735,200 | 3,980,540 | 3,513,600 |
| Fixed asset turnover | — | — | 2.24 | 3.25 | 2.48 |
April 30, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $15,940,900K ÷ $—K
= —
The fixed asset turnover ratio for Caseys General Stores Inc. demonstrates notable fluctuations over the observed period from April 30, 2021, to April 30, 2023. As of April 30, 2021, the ratio was 2.48, indicating that the company generated approximately $2.48 in sales for every dollar invested in fixed assets. This ratio increased significantly by April 30, 2022, reaching 3.25, which suggests improved efficiency in utilizing fixed assets to generate sales during this period. However, by April 30, 2023, the ratio declined to 2.24, signaling a reduction in fixed asset productivity or potential changes in asset base or sales efficiency. The absence of data beyond April 2023 limits further analysis of subsequent periods. Overall, these fluctuations highlight varying levels of asset utilization efficiency, emphasizing the need to consider underlying factors such as asset management strategies, capital expenditures, or sales volume dynamics that could influence the trend of the fixed asset turnover ratio.
Peer comparison
Apr 30, 2025