International Flavors & Fragrances Inc (IFF)
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 | 11,484,000 | 11,416,000 | 11,311,000 | 11,351,000 | 11,479,000 | 11,620,000 | 11,863,000 | 12,241,000 | 12,440,000 | 12,627,000 | 12,635,000 | 12,417,000 | 11,656,000 | 9,895,070 | 8,092,150 | 6,201,920 | 5,084,240 | 5,097,940 | 5,097,200 | 5,190,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 4,126,000 | 4,218,000 | 4,224,000 | 4,861,000 | 4,055,000 | 4,177,000 | 4,295,000 | 4,368,000 | 5,069,000 | 4,566,000 | 4,587,000 | 1,458,180 | 1,380,420 | 1,355,620 | 1,339,120 |
| Fixed asset turnover | — | — | — | — | — | 2.82 | 2.81 | 2.90 | 2.56 | 3.11 | 3.02 | 2.89 | 2.67 | 1.95 | 1.77 | 1.35 | 3.49 | 3.69 | 3.76 | 3.88 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $11,484,000K ÷ $—K
= —
The fixed asset turnover ratio of International Flavors & Fragrances Inc has shown a declining trend from March 2020 to June 2021, indicating a decrease in the company's efficiency in generating revenue from its fixed assets during that period.
However, from September 2021 to September 2022, there was a significant improvement in the fixed asset turnover ratio, demonstrating a better utilization of fixed assets to generate sales. This indicates a potential enhancement in operational efficiency and productivity during this period.
Subsequently, from December 2022 to June 2023, the fixed asset turnover ratio again experienced fluctuations but remained within a relatively stable range. This stability could suggest a consistent level of efficiency in utilizing fixed assets to generate revenue.
As of the most recent available data, the fixed asset turnover ratio stood at 2.82 as of September 30, 2023, which indicates that for every dollar invested in fixed assets, the company generated $2.82 in revenue. However, there is missing data for the ratios beyond December 31, 2023, which makes it challenging to provide a complete analysis of recent trends in the fixed asset turnover ratio.
Overall, while there have been fluctuations in the fixed asset turnover ratio of International Flavors & Fragrances Inc, the company has demonstrated periods of both improvement and stability in efficiently utilizing its fixed assets to generate revenue over the analyzed period.
Peer comparison
Dec 31, 2024