Columbia Sportswear Company (COLM)

Fixed asset turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	US$ in thousands	3,368,580	3,487,200	3,464,150	3,126,400	2,501,550
Property, plant and equipment	US$ in thousands	—	—	291,214	622,016	309,792
Fixed asset turnover		—	—	11.90	5.03	8.07

December 31, 2024 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $3,368,580K ÷ $—K
= —

Fixed asset turnover is a financial ratio used to evaluate a company's efficiency in generating sales revenue from its fixed assets. In the case of Columbia Sportswear Company, the fixed asset turnover ratio has shown fluctuations over the years.

As of December 31, 2020, the fixed asset turnover ratio stood at 8.07, indicating that the company generated $8.07 in sales for every dollar invested in fixed assets during that period. This suggests a high level of efficiency in utilizing its fixed assets to generate revenue.

However, by December 31, 2021, the fixed asset turnover ratio decreased to 5.03, indicating a decline in the company's ability to generate sales relative to its investment in fixed assets. This may suggest a less efficient utilization of fixed assets during that year.

The ratio improved significantly by December 31, 2022, reaching 11.90, which signifies a substantial increase in the efficiency of generating sales from fixed assets. This sharp increase may indicate improved operational performance or a more effective management of fixed assets during that year.

It is important to note that the data for December 31, 2023, and December 31, 2024, is not available, denoted by "—," making it challenging to assess the company’s fixed asset turnover for those years.

Overall, the fluctuating trend in Columbia Sportswear Company's fixed asset turnover ratio over the years suggests varying levels of efficiency in utilizing its fixed assets to generate revenue. This ratio is an important indicator of operational efficiency and can provide insights into the company's performance in managing its fixed asset base.