International Paper (IP)
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 | 18,619,000 | 18,640,000 | 18,567,000 | 18,515,000 | 18,916,000 | 19,448,000 | 20,237,000 | 20,944,000 | 21,161,000 | 21,114,000 | 21,426,000 | 21,653,000 | 21,779,000 | 21,932,000 | 21,341,000 | 20,591,000 | 20,580,000 | 20,839,000 | 21,284,000 | 22,085,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 10,892,000 | 10,922,000 | 10,453,000 | 10,855,000 | 10,606,000 | 10,617,000 | 10,336,000 | 10,824,000 | 12,068,000 | 12,279,000 | 11,667,000 | 12,217,000 | 12,410,000 | 12,879,000 | 12,999,000 |
| Fixed asset turnover | — | — | — | — | — | 1.79 | 1.85 | 2.00 | 1.95 | 1.99 | 2.02 | 2.09 | 2.01 | 1.82 | 1.74 | 1.76 | 1.68 | 1.68 | 1.65 | 1.70 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $18,619,000K ÷ $—K
= —
The fixed asset turnover ratio of International Paper has shown some fluctuations over the past few years. From March 31, 2020, to June 30, 2022, the ratio generally increased from 1.70 to 2.02, indicating that the company was generating more sales relative to its investment in fixed assets during this period.
However, the ratio slightly declined to 1.99 by September 30, 2022, and further to 1.95 by December 31, 2022. This could suggest a decrease in efficiency in utilizing fixed assets to generate revenue during these quarters.
The ratio then increased to 2.00 by March 31, 2023, before experiencing a more significant drop to 1.79 by September 30, 2023. This decline may signal potential issues in asset productivity or sales performance relative to the investment in fixed assets.
It is worth noting that the data for the fixed asset turnover ratio is missing from December 31, 2023, onwards, which limits the ability to provide a complete analysis for that period.
Overall, the trend in International Paper's fixed asset turnover ratio has been somewhat fluctuating, showing periods of improvement in asset efficiency followed by declines. Evaluating the future performance would require additional data beyond the available information.
Peer comparison
Dec 31, 2024