Cavco Industries Inc (CVCO)
Fixed asset turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,015,460 | 1,794,790 | 2,142,710 | 1,627,160 | 1,108,050 |
| Property, plant and equipment | US$ in thousands | — | — | 228,278 | 180,968 | 113,046 |
| Fixed asset turnover | — | — | 9.39 | 8.99 | 9.80 |
March 31, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $2,015,460K ÷ $—K
= —
The fixed asset turnover ratio for Cavco Industries Inc has shown a consistent trend over the past few years. In March 31, 2021, the ratio was 9.80, indicating that the company generated $9.80 in sales for every dollar invested in fixed assets. This ratio decreased slightly to 8.99 in March 31, 2022, suggesting a decrease in efficiency in utilizing fixed assets to generate sales.
However, in the following year, the fixed asset turnover ratio improved to 9.39 in March 31, 2023, showing that the company was able to generate more sales per dollar of fixed assets invested compared to the previous year. Unfortunately, the data for March 31, 2024, and March 31, 2025 is unavailable (indicated by "—"), making it challenging to assess the recent performance of the company in terms of fixed asset turnover.
Overall, while there have been fluctuations in the fixed asset turnover ratio, the company has generally demonstrated efficient utilization of its fixed assets to generate sales, with the ratio peaking in 2023. It would be beneficial to have more recent data to assess the current trend and efficiency of Cavco Industries Inc in managing its fixed assets.
Peer comparison
Mar 31, 2025