Dorman Products Inc (DORM)

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	2,009,197	1,969,721	1,954,134	1,931,751	1,929,788	1,936,773	1,862,057	1,798,908	1,733,749	1,630,644	1,565,600	1,458,816	1,345,249	1,248,289	1,200,483	1,123,030	1,092,748	1,031,099	984,275	1,005,268
Property, plant and equipment	US$ in thousands	—	—	—	—	—	—	156,544	151,541	148,477	122,106	117,930	116,225	173,893	174,007	88,164	90,699	91,009	94,217	95,886	99,082
Fixed asset turnover		—	—	—	—	—	—	11.89	11.87	11.68	13.35	13.28	12.55	7.74	7.17	13.62	12.38	12.01	10.94	10.27	10.15

December 31, 2024 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $2,009,197K ÷ $—K
= —

Fixed asset turnover is a financial ratio that measures how efficiently a company is utilizing its fixed assets to generate revenue. For Dorman Products Inc, we can observe fluctuations in the fixed asset turnover ratio over the years:

- The ratio increased steadily from March 31, 2020, to June 30, 2021, indicating an improvement in the company's ability to generate revenue from its fixed assets.
- However, there was a significant drop in the ratio for the quarters ending September 30, 2021, and December 31, 2021, which suggests a potential decline in efficiency in utilizing fixed assets during that period.
- The ratio rebounded in the subsequent quarters, reaching a peak of 13.35 on September 30, 2022, before declining to 11.68 by December 31, 2022.
- As of the most recent available data on June 30, 2023, the fixed asset turnover stands at 11.89, indicating a moderate efficiency in generating revenue from fixed assets.

The variations in the fixed asset turnover ratio for Dorman Products Inc suggest fluctuations in the company's operational efficiency and effectiveness in utilizing its fixed assets to drive revenue generation. It is essential for the company to closely monitor and manage its fixed asset turnover to ensure optimal utilization of resources and maintain sustainable growth in the long term.