Harley-Davidson Inc (HOG)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,186,800 | 5,836,480 | 5,755,130 | 5,336,310 | 4,054,380 |
| Property, plant and equipment | US$ in thousands | — | — | 689,886 | 683,984 | 743,784 |
| Fixed asset turnover | — | — | 8.34 | 7.80 | 5.45 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $5,186,800K ÷ $—K
= —
The fixed asset turnover ratio for Harley-Davidson Inc has exhibited a positive trend over the past few years, increasing from 5.45 in December 31, 2020 to 8.34 in December 31, 2022. This suggests that the company has become more efficient in generating sales revenue relative to its investment in fixed assets. The ratio indicates that for every dollar invested in fixed assets, the company generated $8.34 in sales in December 31, 2022. However, it is worth noting that the data for December 31, 2023 and December 31, 2024 are missing, which limits a complete trend analysis. Overall, the improving trend in fixed asset turnover signifies enhanced asset utilization and efficiency in Harley-Davidson Inc.'s operations.
Peer comparison
Dec 31, 2024