Exponent Inc (EXPO)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 558,514 | 536,766 | 513,293 | 466,269 | 399,900 |
| Property, plant and equipment | US$ in thousands | — | — | 83,546 | 74,341 | 59,823 |
| Fixed asset turnover | — | — | 6.14 | 6.27 | 6.68 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $558,514K ÷ $—K
= —
The fixed asset turnover ratio measures a company's ability to generate sales using its fixed assets efficiently.
Looking at the trend for Exponent Inc, we see that the fixed asset turnover ratio has been consistently high over the past few years. In 2020, the ratio stood at 6.68, indicating that for every dollar invested in fixed assets, the company generated $6.68 in sales.
However, there was a slight decrease in the ratio in 2021 and 2022 to 6.27 and 6.14 respectively. This could signal a potential decrease in the efficiency of utilizing fixed assets to generate revenue during those years.
Unfortunately, the data for 2023 and 2024 is missing, making it difficult to assess the company's performance in those years. It is important for Exponent Inc to provide complete financial information to enable a more accurate analysis of its fixed asset turnover ratio and overall efficiency in utilizing fixed assets to drive sales.
Peer comparison
Dec 31, 2024