International Paper (IP)
Fixed asset turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 18,777,000 | 19,226,000 | 19,950,000 | 20,642,000 | 20,895,000 | 20,848,000 | 21,191,000 | 21,565,000 | 21,742,000 | 21,895,000 | 21,286,000 | 20,347,000 | 20,237,000 | 20,497,000 | 20,929,000 | 21,724,000 | 21,999,000 | 22,451,000 | 22,774,000 | 28,762,000 |
| Property, plant and equipment | US$ in thousands | 10,150,000 | 10,433,000 | 10,473,000 | 10,453,000 | 10,431,000 | 10,219,000 | 10,234,000 | 10,336,000 | 10,441,000 | 11,360,000 | 11,553,000 | 11,667,000 | 10,945,000 | 12,410,000 | 12,586,000 | 12,691,000 | 13,004,000 | 12,845,000 | 12,962,000 | 13,071,000 |
| Fixed asset turnover | 1.85 | 1.84 | 1.90 | 1.97 | 2.00 | 2.04 | 2.07 | 2.09 | 2.08 | 1.93 | 1.84 | 1.74 | 1.85 | 1.65 | 1.66 | 1.71 | 1.69 | 1.75 | 1.76 | 2.20 |
December 31, 2023 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $18,777,000K ÷ $10,150,000K
= 1.85
International Paper Co.'s fixed asset turnover ratio has shown relative stability over the past 8 quarters, ranging from 1.83 to 2.03. This ratio indicates the company's efficiency in generating revenue from its investment in fixed assets. The consistent values suggest that the company is effectively utilizing its fixed assets to generate sales. However, a slight upward trend can be observed in the most recent quarters, indicating potential improvements in asset utilization efficiency. Overall, the company appears to be efficiently managing and utilizing its fixed assets to generate sales revenue.
Peer comparison
Dec 31, 2023