CNH Industrial N.V. (CNH)
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 | 19,839,000 | 21,755,000 | 23,090,000 | 24,170,000 | 24,694,000 | 24,848,000 | 24,740,000 | 24,277,000 | 23,578,000 | 25,704,000 | 24,569,000 | 23,636,000 | 23,088,000 | 22,665,000 | 24,411,000 | 24,815,000 | 26,180,000 | 25,226,000 | 25,094,000 | 27,083,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | 4,556,000 | 4,667,000 | 4,574,000 | 4,923,000 | 4,538,000 | 4,448,000 | 4,886,000 |
| Fixed asset turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | 4.97 | 5.23 | 5.43 | 5.32 | 5.56 | 5.64 | 5.54 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $19,839,000K ÷ $—K
= —
The fixed asset turnover ratio for CNH Industrial N.V. has shown a consistent and relatively high performance in recent periods. The ratio has ranged between 5.23 and 5.64 over the past few quarters, indicating that the company is generating significant revenue relative to its investment in fixed assets.
A higher fixed asset turnover ratio typically signifies efficient utilization of fixed assets to generate sales. The slight fluctuations in the ratio suggest that the company has been effectively managing its fixed assets to generate revenue.
However, it is worth noting that the ratio has decreased slightly in the most recent period to 4.97, which may indicate a slight decline in the company's ability to generate sales from its fixed assets. Further monitoring of this ratio in future periods would provide more insights into the company's operational efficiency and asset utilization.
The absence of data for the upcoming periods limits our ability to provide a more comprehensive analysis of CNH Industrial N.V.'s fixed asset turnover performance going forward.
Peer comparison
Dec 31, 2024