Hasbro Inc (HAS)
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 | 4,135,500 | 4,322,800 | 4,544,900 | 4,759,600 | 5,003,300 | 5,392,900 | 5,565,400 | 5,694,600 | 5,856,700 | 6,191,600 | 6,485,700 | 6,468,700 | 6,420,400 | 6,129,970 | 5,936,570 | 5,474,670 | 5,465,470 | 5,170,510 | 4,969,080 | 5,093,317 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 474,600 | 515,400 | 509,100 | 422,800 | 411,800 | 409,900 | 422,600 | 421,100 | 441,900 | 466,200 | 482,700 | 489,041 | 477,154 | 482,215 | 455,945 |
| Fixed asset turnover | — | — | — | — | — | 11.36 | 10.80 | 11.19 | 13.85 | 15.04 | 15.82 | 15.31 | 15.25 | 13.87 | 12.73 | 11.34 | 11.18 | 10.84 | 10.30 | 11.17 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $4,135,500K ÷ $—K
= —
Fixed asset turnover is a financial ratio that measures a company's ability to generate revenue from its investment in fixed assets, such as property, plant, and equipment. A higher fixed asset turnover ratio indicates that the company is utilizing its fixed assets more efficiently to generate sales.
Analyzing the fixed asset turnover of Hasbro Inc based on the provided data shows a fluctuating trend over the quarters. The ratio started at 11.17 on March 31, 2020, and showed a steady increase, reaching its peak at 15.82 on June 30, 2022. This indicates that Hasbro was effectively utilizing its fixed assets to generate revenue during this period.
However, the ratio started declining after June 30, 2022, and reached 13.85 on December 31, 2022. This trend continued in the following quarters, dropping to 11.19 on March 31, 2023, and further to 10.80 on June 30, 2023. The ratio slightly recovered to 11.36 on September 30, 2023, showing some improvement.
The fixed asset turnover ratio data is missing for the quarters from December 31, 2023, to December 31, 2024, indicating that the company may not have reported this information or had a significant change in its financial reporting structure during this period.
Overall, the analysis of Hasbro's fixed asset turnover ratio suggests periods of efficient utilization of fixed assets to generate revenue, as well as periods of decline. It is essential for the company to monitor and improve its fixed asset management to ensure optimal resource allocation and revenue generation in the future.