GMS Inc (GMS)
Fixed asset turnover
| Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,513,740 | 5,501,910 | 5,329,250 | 4,634,880 | 3,298,820 |
| Property, plant and equipment | US$ in thousands | — | — | 585,770 | 503,950 | 429,739 |
| Fixed asset turnover | — | — | 9.10 | 9.20 | 7.68 |
April 30, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $5,513,740K ÷ $—K
= —
The fixed asset turnover ratio for GMS Inc. demonstrates a notable increase from April 30, 2021, to April 30, 2022, rising from 7.68 to 9.20. This change indicates that the company was able to generate more sales per dollar of fixed assets during this period, reflecting an improvement in the efficiency of its asset utilization.
Following this peak in 2022, the ratio experienced a slight decline to 9.10 as of April 30, 2023. Despite the decrease, the ratio remains relatively high, suggesting that GMS Inc. maintained efficient use of its fixed assets, though there was a marginal reduction in asset utilization efficiency compared to the previous year.
The data for April 30, 2024, and April 30, 2025, are not available, and therefore, it is not possible to analyze trends beyond 2023. Overall, the data indicates a period of increased fixed asset efficiency in 2022, with a slight correction in 2023, reflecting stable operational productivity relative to fixed assets during this timeframe.
Peer comparison
Apr 30, 2025