Graham Holdings Co (GHC)
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 | 4,790,900 | 4,711,910 | 4,616,270 | 4,535,990 | 4,414,880 | 4,312,100 | 4,213,020 | 4,041,322 | 3,924,493 | 3,723,394 | 3,520,390 | 3,388,240 | 3,185,974 | 3,110,054 | 3,017,600 | 2,869,319 | 2,889,121 | 2,865,588 | 2,887,426 | 2,972,157 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 946,451 | 511,182 | 506,995 | 503,000 | 468,173 | 442,409 | 456,430 | 468,126 | 461,107 | 817,553 | 375,862 | 378,286 | 379,010 | 376,681 | 382,408 |
| Fixed asset turnover | — | — | — | — | — | 4.56 | 8.24 | 7.97 | 7.80 | 7.95 | 7.96 | 7.42 | 6.81 | 6.74 | 3.69 | 7.63 | 7.64 | 7.56 | 7.67 | 7.77 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $4,790,900K ÷ $—K
= —
Fixed asset turnover is a financial ratio that measures a company's efficiency in generating revenue from its fixed assets. It indicates how well the company is utilizing its fixed assets to generate sales. A higher fixed asset turnover ratio generally implies better asset utilization and efficiency.
Analyzing Graham Holdings Co's fixed asset turnover over the specified period, we can see fluctuations. The ratio was consistently high, ranging from 7.56 to 7.97, indicating efficient usage of fixed assets to generate revenue. However, there was a notable decline in the fixed asset turnover ratio in the third quarter of 2023, dropping to 4.56, which could indicate a temporary decline in asset utilization efficiency.
It is important to note the sudden drop and subsequent stabilization of the ratio in the following quarters. It rebounded to 7.97 in March 2024, suggesting a potential recovery in asset utilization efficiency.
It is worth monitoring the trend of Graham Holdings Co's fixed asset turnover ratio in future periods to assess the company's ongoing operational efficiency and effectiveness in leveraging its fixed assets for revenue generation.
Peer comparison
Dec 31, 2024