Hawkins Inc (HWKN)
Fixed asset turnover
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 974,431 | 952,133 | 934,424 | 923,921 | 919,162 | 924,287 | 935,009 | 939,675 | 935,098 | 929,926 | 897,758 | 839,843 | 774,541 | 714,539 | 670,416 | 634,940 | 596,871 | 566,313 | 543,792 | 536,034 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | — | 190,622 | 185,803 | 178,375 | 171,011 | 166,447 | 161,846 | 158,379 | 154,156 | 153,678 | 156,242 | 138,923 | 127,474 | 127,061 |
| Fixed asset turnover | — | — | — | — | — | — | — | 4.93 | 5.03 | 5.21 | 5.25 | 5.05 | 4.79 | 4.51 | 4.35 | 4.13 | 3.82 | 4.08 | 4.27 | 4.22 |
March 31, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $974,431K ÷ $—K
= —
Fixed asset turnover is a financial ratio that indicates how efficiently a company is using its fixed assets to generate revenue. The fixed asset turnover for Hawkins Inc has shown a generally increasing trend over the past few years.
From June 2020 to September 2022, the fixed asset turnover ratio consistently improved, increasing from 4.22 to 5.25. This suggests that Hawkins Inc was able to generate more revenue per dollar of fixed assets during this period, indicating improved efficiency in asset utilization.
However, from September 2022 onwards, there seems to be a slight decline in the fixed asset turnover ratio. The ratio decreased to 4.93 in June 2023 and further dropped to 4.51 by December 2023. The ratio remained stagnant at this level until March 2025.
The fluctuations in the fixed asset turnover ratio in the latter part of the period may indicate changes in the company's operations, investments in fixed assets, or revenue generation. It would be important for stakeholders to closely monitor these trends and understand the underlying factors driving the fluctuations to assess the company's operational efficiency and potential future performance.
Peer comparison
Mar 31, 2025