Dana Inc (DAN)
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 | 10,284,000 | 10,443,000 | 10,636,000 | 10,646,000 | 10,555,000 | 10,616,000 | 10,482,000 | 10,320,000 | 10,156,000 | 9,874,000 | 9,543,000 | 9,162,000 | 8,945,000 | 8,780,000 | 8,570,000 | 7,443,000 | 7,106,000 | 6,985,000 | 7,155,000 | 8,383,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 2,577,000 | 2,595,000 | 2,552,000 | 2,504,000 | 2,340,000 | 2,408,000 | 2,449,000 | 2,446,000 | 2,359,000 | 2,391,000 | 2,376,000 | 2,441,000 | 2,154,000 | 2,149,000 | 2,172,000 |
| Fixed asset turnover | — | — | — | — | — | 4.12 | 4.04 | 4.04 | 4.06 | 4.22 | 3.96 | 3.74 | 3.66 | 3.72 | 3.58 | 3.13 | 2.91 | 3.24 | 3.33 | 3.86 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $10,284,000K ÷ $—K
= —
Fixed asset turnover is a financial ratio that measures how efficiently a company is generating sales revenue from its investments in fixed assets. The ratio is calculated by dividing net sales by average fixed assets.
Analyzing the trend in Dana Inc's fixed asset turnover over the past few years, we observe a generally increasing pattern from March 2020 to September 2023. The ratio increased steadily from 3.86 in March 2020 to 4.12 in September 2023, indicating improving efficiency in generating sales from fixed assets during this period.
However, there was a slight drop in fixed asset turnover during the last reported period in December 2023, where the ratio remained stagnant at 4.04. Additionally, the data shows no values for fixed asset turnover from December 2023 onwards, suggesting missing or incomplete information for the upcoming periods.
Overall, the improving trend in fixed asset turnover up to September 2023 reflects positively on Dana Inc's operational efficiency and utilization of fixed assets to drive sales. The company should continue to monitor and manage its fixed asset turnover to ensure sustained efficiency and profitability.
Peer comparison
Dec 31, 2024