Ethan Allen Interiors Inc (ETD)
Fixed asset turnover
Jun 30, 2025 | Mar 31, 2025 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (ttm) | US$ in thousands | 614,649 | 622,924 | 626,650 | 636,666 | 646,221 | 664,964 | 704,859 | 740,744 | 791,382 | 833,690 | 845,033 | 849,965 | 817,762 | 766,402 | 745,705 | 716,438 | 685,169 | 598,414 | 571,226 | 566,974 |
Property, plant and equipment | US$ in thousands | — | 319,391 | 323,182 | 325,852 | — | — | — | 338,836 | 338,028 | 341,155 | 326,940 | 321,279 | 324,312 | 325,544 | 325,107 | 329,975 | 340,176 | 347,914 | 342,895 | 342,567 |
Fixed asset turnover | — | 1.95 | 1.94 | 1.95 | — | — | — | 2.19 | 2.34 | 2.44 | 2.58 | 2.65 | 2.52 | 2.35 | 2.29 | 2.17 | 2.01 | 1.72 | 1.67 | 1.66 |
June 30, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $614,649K ÷ $—K
= —
The fixed asset turnover ratio for Ethan Allen Interiors Inc. demonstrates a general upward trend from September 30, 2020, through September 30, 2022. Specifically, the ratio increased from 1.66 in September 2020 to a peak of approximately 2.65 in September 2022, indicating enhanced utilization of fixed assets to generate sales during this period. This growth suggests improved operational efficiency or strategic optimizations in asset deployment.
Following the peak in September 2022, the ratio experienced a slight decline, decreasing to 2.58 by December 2022 and further declining to 2.44 in March 2023. This decline may reflect some level of asset underutilization or increased asset base not yet fully translated into sales.
From June 2023 onward, the ratio continued to decline, reaching 2.19 in September 2023. The data for December 2023 and March 2024 are unavailable; however, subsequent figures show a slight recovery, with the ratio rising to 1.95 in September 2024 and maintaining similar levels into December 2024 and March 2025. Despite this recovery, the ratio remains below the peak levels observed in late 2022.
Overall, the pattern indicates a period of efficiency improvement culminating around late 2022, followed by a modest decline and partial rebound in the following years. The fluctuating ratios may correspond to changes in asset investments, sales growth, or operational strategies over this timeframe.
Peer comparison
Jun 30, 2025