Crane Company (CR)
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 | 2,131,200 | 2,276,600 | 2,209,500 | 2,137,900 | 2,415,500 | 2,706,700 | 2,991,700 | 3,346,400 | 3,304,600 | 3,251,000 | 3,269,400 | 3,201,500 | 3,233,900 | 3,189,800 | 3,091,100 | 2,972,600 | 2,937,000 | 3,048,100 | 3,085,600 | 3,249,300 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 253,400 | 254,200 | 250,100 | 602,400 | 493,900 | — | — | — | — | — | — | — | — | — | — |
| Fixed asset turnover | — | — | — | — | — | 10.68 | 11.77 | 13.38 | 5.49 | 6.58 | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $2,131,200K ÷ $—K
= —
The fixed asset turnover ratio for Crane Company shows improvement over the periods analyzed. The ratio was not available during the initial periods but started to be reported from September 30, 2022, at 6.58. It decreased to 5.49 by December 31, 2022, but then saw a significant increase to 13.38 by March 31, 2023. The ratio remained relatively high for the next few quarters, indicating that the company efficiently utilizes its fixed assets to generate sales. It registered a slight decline to 10.68 by September 30, 2023, suggesting a potential slowdown in asset utilization efficiency. However, there was no data available for analysis beyond this point. Overall, the trend indicates an improvement in using fixed assets to generate revenue, but it would be essential to have more recent data to assess the continued efficiency of asset utilization.
Peer comparison
Dec 31, 2024