Edgewell Personal Care Co (EPC)
Fixed asset turnover
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,253,700 | 2,251,600 | 2,171,700 | 2,087,300 | 1,949,700 |
| Property, plant and equipment | US$ in thousands | 349,100 | 337,900 | 345,500 | 362,600 | 370,900 |
| Fixed asset turnover | 6.46 | 6.66 | 6.29 | 5.76 | 5.26 |
September 30, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $2,253,700K ÷ $349,100K
= 6.46
The fixed asset turnover ratio for Edgewell Personal Care Co has shown a consistent and positive trend from 5.26 in September 2020 to 6.46 in September 2024. The higher the fixed asset turnover ratio, the more efficiently the company is generating revenue from its fixed assets. This indicates that Edgewell Personal Care Co has been effectively utilizing its fixed assets to generate sales over the years.
A fixed asset turnover ratio of 6.46 in September 2024 means that for every dollar invested in fixed assets, the company generated $6.46 in sales. This reflects a strong efficiency in using its fixed assets to drive revenue growth.
Overall, the increasing trend in the fixed asset turnover ratio suggests that Edgewell Personal Care Co is managing its fixed assets effectively and obtaining a higher return on investment in terms of revenue generation. It signifies improved operational efficiency and effectiveness in utilizing the company's fixed assets for generating sales.
Peer comparison
Sep 30, 2024