Church & Dwight Company Inc (CHD)

Fixed asset turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 6,107,100 5,867,900 5,375,600 5,190,100 4,895,800
Property, plant and equipment US$ in thousands 931,700 927,700 761,100 652,700 612,800
Fixed asset turnover 6.55 6.33 7.06 7.95 7.99

December 31, 2024 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $6,107,100K ÷ $931,700K
= 6.55

The fixed asset turnover ratio for Church & Dwight Company Inc has been consistently high over the past five years, ranging from 6.33 to 7.99. This indicates that the company is effectively utilizing its fixed assets to generate sales revenue. The slight decrease in the ratio from 2020 to 2024 may suggest either an increase in fixed assets without a proportionate increase in sales, or a decline in sales relative to fixed asset investment. Overall, a high fixed asset turnover ratio is a positive indicator of operational efficiency and resource utilization within the company.


Peer comparison

Dec 31, 2024

Company name
Symbol
Fixed asset turnover
Church & Dwight Company Inc
CHD
6.55
Ecolab Inc
ECL
4.46
Procter & Gamble Company
PG
3.79
Stepan Company
SCL
1.91