Hayward Holdings Inc (HAYW)
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 | 1,051,606 | 1,003,000 | 995,735 | 994,885 | 992,452 | 972,950 | 997,913 | 1,113,812 | 1,314,136 | 1,407,554 | 1,512,911 | 1,477,869 | 1,401,809 | 1,310,120 | 1,183,981 | 1,039,581 | 875,381 | 798,035 | 756,900 | 720,250 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 219,226 | 217,379 | — | 215,323 | 148,428 | 147,651 | 149,209 | 293,508 | 143,403 | 139,300 | 142,100 | — | — | — | — |
| Fixed asset turnover | — | — | — | — | — | 4.44 | 4.59 | — | 6.10 | 9.48 | 10.25 | 9.90 | 4.78 | 9.14 | 8.50 | 7.32 | — | — | — | — |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $1,051,606K ÷ $—K
= —
Hayward Holdings Inc's fixed asset turnover ratio has shown fluctuations over the years. The ratio was not available from March 31, 2020, to December 31, 2021, indicating that the company may not have reported or utilized fixed assets efficiently during this period.
From March 31, 2022, to June 30, 2022, there was a notable increase in the fixed asset turnover ratio, indicating that the company was generating more revenue relative to its investment in fixed assets. However, the ratio decreased slightly by September 30, 2022, and then more significantly by December 31, 2022.
The fixed asset turnover ratio continued to fluctuate further, decreasing to 4.59 by June 30, 2023, and 4.44 by September 30, 2023, suggesting that the company may have been less efficient in generating sales from its fixed assets during these periods.
The absence of data for the years 2020, 2023, and beyond indicates a lack of consistent reporting or a change in accounting practices. Hayward Holdings Inc may need to focus on optimizing the utilization of its fixed assets to improve its fixed asset turnover ratio and overall operational efficiency in the future.
Peer comparison
Dec 31, 2024