Chemours Co (CC)

Fixed asset turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 5,782,000 6,027,000 6,794,000 6,345,000 4,969,000
Property, plant and equipment US$ in thousands 3,171,000 3,381,000 3,474,000
Fixed asset turnover 2.14 1.88 1.43

December 31, 2024 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $5,782,000K ÷ $—K
= —

The fixed asset turnover ratio for Chemours Co has shown consistent improvement over the analyzed years. Starting at 1.43 in December 31, 2020, the ratio increased to 1.88 by December 31, 2021, and further improved to 2.14 by December 31, 2022. This upward trend indicates that Chemours Co is generating more revenue relative to its investment in fixed assets, showcasing efficient asset utilization. However, the absence of data for December 31, 2023 and December 31, 2024 limits a comprehensive analysis of the trend over a longer period. It would be beneficial to monitor the fixed asset turnover ratio in subsequent years to assess the continued effectiveness of Chemours Co's fixed asset management.