Deckers Outdoor Corporation (DECK)
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 | 4,923,585 | 4,656,735 | 4,437,325 | 4,287,769 | 4,119,582 | 3,904,912 | 3,688,616 | 3,627,286 | 3,571,722 | 3,413,832 | 3,260,120 | 3,150,337 | 2,975,518 | 2,865,528 | 2,767,151 | 2,545,642 | 2,359,364 | 2,220,339 | 2,139,019 | 2,132,689 |
| Property, plant and equipment | US$ in thousands | 323,413 | 319,580 | 305,585 | 302,122 | 300,815 | 295,212 | 288,760 | 266,679 | 242,594 | 221,308 | 219,657 | 222,449 | 221,013 | 223,687 | 222,348 | 206,210 | 205,695 | 207,912 | 209,074 | 209,037 |
| Fixed asset turnover | 15.22 | 14.57 | 14.52 | 14.19 | 13.69 | 13.23 | 12.77 | 13.60 | 14.72 | 15.43 | 14.84 | 14.16 | 13.46 | 12.81 | 12.45 | 12.34 | 11.47 | 10.68 | 10.23 | 10.20 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $4,923,585K ÷ $323,413K
= 15.22
Fixed asset turnover for Deckers Outdoor Corporation has been steadily increasing over the periods, indicating the company's efficiency in generating sales from its fixed assets. The ratio has shown a consistent upward trend from 10.20 in March 2020 to 15.22 in December 2024. This signifies that for every dollar invested in fixed assets, the company is generating higher revenue.
The increasing trend in fixed asset turnover suggests that Deckers Outdoor Corporation is effectively utilizing its fixed assets to drive sales growth. This efficiency may be attributed to operational improvements, better asset management, or increased productivity. Overall, a rising fixed asset turnover ratio reflects positively on the company's operational performance and efficiency in generating revenue from its fixed assets over time.
Peer comparison
Dec 31, 2024
See also:
Deckers Outdoor Corporation Net Fixed Asset Turnover (Quarterly Data)