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