Hayward Holdings Inc (HAYW)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,051,610 | 992,452 | 1,314,140 | 1,401,790 | 875,400 |
| Property, plant and equipment | US$ in thousands | — | — | 215,323 | 293,508 | 142,300 |
| Fixed asset turnover | — | — | 6.10 | 4.78 | 6.15 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $1,051,610K ÷ $—K
= —
The fixed asset turnover ratio for Hayward Holdings Inc has shown some fluctuation over the past years. In December 31, 2020, the ratio was 6.15, indicating that the company generated $6.15 in sales for every dollar invested in fixed assets. This ratio decreased to 4.78 by December 31, 2021, suggesting a decrease in efficiency in utilizing fixed assets to generate revenue.
However, there was a slight improvement as the ratio increased to 6.10 by December 31, 2022, showing a better utilization of fixed assets compared to the previous year. Unfortunately, there is missing data for December 31, 2023 and December 31, 2024, which limits the ability to assess the trend in the fixed asset turnover ratio for those years.
Overall, while there have been fluctuations in the fixed asset turnover ratio for Hayward Holdings Inc, the company has demonstrated the ability to generate sales efficiently from its fixed assets, with varying levels of efficiency over the years. Determining the reasons behind these fluctuations would require additional information and analysis.
Peer comparison
Dec 31, 2024