Coty Inc (COTY)
Fixed asset turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,892,900 | 6,118,000 | 5,554,100 | 5,304,400 | 4,629,900 |
| Property, plant and equipment | US$ in thousands | — | — | 712,900 | 715,500 | 1,236,600 |
| Fixed asset turnover | — | — | 7.79 | 7.41 | 3.74 |
June 30, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $5,892,900K ÷ $—K
= —
The fixed asset turnover ratio of Coty Inc. demonstrates a notable upward trend over the reviewed period. As of June 30, 2021, the ratio was 3.74, indicating that for every dollar invested in fixed assets, the company generated approximately $3.74 in sales. By June 30, 2022, this figure more than doubled to 7.41, suggesting a significant improvement in the efficiency of utilizing fixed assets to generate sales. The ratio further increased slightly to 7.79 by June 30, 2023, reflecting continued gains in asset utilization efficiency.
The substantial rise from 3.74 in 2021 to 7.79 in 2023 indicates that Coty Inc. has become considerably more efficient in converting its fixed assets into sales. This improvement could be attributable to various factors such as optimization of production processes, better inventory management, strategic asset disposals, or enhancements in sales effectiveness relative to the fixed asset base. The absence of data for June 30, 2024, and 2025 precludes any insights into future trends; however, the consistent upward movement over the prior two years underscores a positive trajectory in asset productivity.
In summary, the increasing fixed asset turnover ratio over the period from 2021 to 2023 signifies enhanced operational efficiency and effective management of fixed assets relative to sales performance within Coty Inc.
Peer comparison
Jun 30, 2025