Greenbrier Companies Inc (GBX)
Fixed asset turnover
| Aug 31, 2024 | Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | Aug 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,544,700 | 3,944,000 | 2,977,700 | 1,747,900 | 2,792,200 |
| Property, plant and equipment | US$ in thousands | 711,700 | 619,200 | 645,200 | 670,200 | 711,524 |
| Fixed asset turnover | 4.98 | 6.37 | 4.62 | 2.61 | 3.92 |
August 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $3,544,700K ÷ $711,700K
= 4.98
Greenbrier Companies Inc's fixed asset turnover has exhibited fluctuations over the past five years. The ratio ranged from a low of 2.61 in August 2021 to a high of 6.37 in August 2023. The company's ability to generate sales revenue from its fixed assets was exceptionally efficient in August 2023, indicating that its fixed assets were utilized effectively to generate revenue. However, there was a decrease in efficiency in August 2021, where the ratio dropped to its lowest level over the period. Overall, the trend in fixed asset turnover suggests some variability in how efficiently Greenbrier is utilizing its fixed assets to generate sales.
Peer comparison
Aug 31, 2024