Kellanova (K)
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 | 12,749,000 | 10,714,000 | 10,736,000 | 10,895,000 | 11,037,000 | 13,781,000 | 14,472,000 | 14,985,000 | 15,315,000 | 14,902,000 | 14,578,000 | 14,269,000 | 14,181,000 | 14,225,000 | 14,032,000 | 13,942,000 | 13,770,000 | 13,529,000 | 13,472,000 | 13,468,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 4,367,000 | 3,781,000 | 3,786,000 | 4,406,000 | 3,564,000 | 3,656,000 | 3,773,000 | 4,467,000 | 4,404,000 | 4,327,000 | 3,636,000 | 3,713,000 | 3,484,000 | 3,436,000 | 3,440,000 |
| Fixed asset turnover | — | — | — | — | — | 3.16 | 3.83 | 3.96 | 3.48 | 4.18 | 3.99 | 3.78 | 3.17 | 3.23 | 3.24 | 3.83 | 3.71 | 3.88 | 3.92 | 3.92 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $12,749,000K ÷ $—K
= —
The fixed asset turnover ratio measures how efficiently a company generates revenue from its investment in fixed assets. A higher ratio indicates that the company is using its fixed assets more efficiently to generate sales.
Analyzing Kellanova's fixed asset turnover ratio over the past few periods, we can see that the ratio remained relatively stable around the range of 3.71 to 4.18. This signifies that Kellanova has been consistently generating revenue from its fixed assets at a moderate to high level.
During the most recent period, the fixed asset turnover ratio decreased slightly to 3.16, indicating a decrease in the efficiency of generating revenue from fixed assets compared to the previous periods.
For the periods where data is not available, it is important to gather more information to understand the reasons behind the missing values and assess the overall trend in the fixed asset turnover ratio for a more comprehensive analysis.
Overall, while Kellanova has shown relatively stable performance in converting its fixed assets into revenue, the recent decrease in the ratio suggests the need for further evaluation to identify potential factors impacting the efficiency of utilizing fixed assets for revenue generation.
Peer comparison
Dec 31, 2024