Jack In The Box Inc (JACK)

Fixed asset turnover

		Sep 30, 2024	Jul 7, 2024	Apr 14, 2024	Jan 21, 2024	Sep 30, 2023	Jul 9, 2023	Apr 16, 2023	Jan 22, 2023	Sep 30, 2022	Jul 10, 2022	Apr 17, 2022	Jan 23, 2022	Sep 30, 2021	Jun 30, 2021	Apr 11, 2021	Jan 17, 2021	Sep 30, 2020	Jul 5, 2020	Apr 12, 2020	Jan 19, 2020
Revenue (ttm)	US$ in thousands	1,571,306	1,594,540	1,622,311	1,652,708	1,692,306	1,722,555	1,723,918	1,650,468	1,468,083	1,343,764	1,214,917	1,149,840	1,143,670	1,120,617	1,093,434	1,052,374	1,021,506	987,340	967,424	966,994
Property, plant and equipment	US$ in thousands	430,039	420,236	417,136	415,948	412,030	414,949	419,904	424,638	418,164	441,639	463,124	314,643	322,914	331,449	332,014	328,181	335,982	344,126	356,221	361,505
Fixed asset turnover		3.65	3.79	3.89	3.97	4.11	4.15	4.11	3.89	3.51	3.04	2.62	3.65	3.54	3.38	3.29	3.21	3.04	2.87	2.72	2.67

September 30, 2024 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $1,571,306K ÷ $430,039K
= 3.65

The fixed asset turnover ratio for Jack In The Box Inc has shown fluctuating trends over the past several quarters. The ratio measures the company's ability to generate sales revenue relative to its investment in property, plant, and equipment, indicating how efficiently the company is utilizing its fixed assets to generate sales.

Overall, the trend indicates that the company has been fairly efficient in utilizing its fixed assets to generate sales revenue. The ratio has generally been above 3, with some quarters showing ratios above 4, which suggests that Jack In The Box Inc has been able to generate a significant amount of sales revenue in relation to its investment in fixed assets.

There is some variation in the ratio over the quarters, with peaks around 4.11 in the more recent periods. This indicates that the company has been improving its efficiency in utilizing fixed assets to generate revenue. However, there are also quarters where the ratio dips below 3. This could be due to changes in the company's operations, investments in new fixed assets, or fluctuations in sales revenue.

Overall, the trend in fixed asset turnover suggests that Jack In The Box Inc has been effectively leveraging its fixed assets to drive sales growth, but it is important to monitor any fluctuations in the ratio to ensure continued efficiency in asset utilization.