CSW Industrials, Inc. (CSW)

Fixed asset turnover

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021
Revenue US$ in thousands 878,301 792,840 757,904 626,435 419,205
Property, plant and equipment US$ in thousands 155,476 137,302 148,050
Fixed asset turnover 5.65 5.77 5.12

March 31, 2025 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $878,301K ÷ $155,476K
= 5.65

The fixed asset turnover ratio for CSW Industrials, Inc. demonstrates notable fluctuations over the analyzed period. As of March 31, 2021, and March 31, 2022, the ratio is not available, suggesting either a lack of sufficient fixed asset base or negligible sales relative to fixed assets during these periods. Beginning with March 31, 2023, the ratio is reported at 5.12, indicating a moderate level of efficiency in utilizing fixed assets to generate sales. In the subsequent period ending March 31, 2024, the ratio increases to 5.77, reflecting an improvement in asset utilization efficiency, possibly due to operational enhancements, better capital deployment, or sales growth relative to fixed assets. By March 31, 2025, the ratio slightly declines to 5.65 but remains at a relatively stable high level, suggesting continued effective utilization of fixed assets, albeit with some normalization after the peak in the previous year. Overall, the trend indicates that CSW Industrials, Inc. has gradually enhanced its efficiency in converting fixed assets into sales over the analyzed timeframe, with the most significant gains realized between 2023 and 2024.


Peer comparison

Mar 31, 2025

Company name
Symbol
Fixed asset turnover
CSW Industrials, Inc.
CSW
5.65
H B Fuller Company
FUL
4.05