Kaiser Aluminum Corporation (KALU)
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 | 3,024,000 | 2,980,300 | 2,976,200 | 3,016,900 | 3,087,000 | 3,141,300 | 3,146,600 | 3,286,700 | 3,427,900 | 3,458,300 | 3,460,000 | 3,246,800 | 2,622,000 | 2,087,600 | 1,592,700 | 1,127,400 | 1,172,700 | 1,269,400 | 1,388,600 | 1,488,200 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | 1,041,000 | 1,037,800 | 1,013,200 | 1,031,000 | 999,700 | 960,200 | 1,001,400 | 993,900 | 989,400 | 1,006,600 | 627,200 | 622,900 | 627,100 | 630,900 |
| Fixed asset turnover | — | — | — | — | — | — | 3.02 | 3.17 | 3.38 | 3.35 | 3.46 | 3.38 | 2.62 | 2.10 | 1.61 | 1.12 | 1.87 | 2.04 | 2.21 | 2.36 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $3,024,000K ÷ $—K
= —
The fixed asset turnover ratio measures how efficiently a company generates sales from its fixed assets. For Kaiser Aluminum Corporation, the fixed asset turnover ratio has shown a decreasing trend from March 31, 2020, to June 30, 2021, reaching a low of 1.12. This indicates that the company may not be utilizing its fixed assets effectively to generate revenue during this period.
However, starting from September 30, 2021, the fixed asset turnover ratio shows a significant improvement, increasing steadily to 3.38 by March 31, 2022. This upward trend suggests that Kaiser Aluminum Corporation has been able to enhance its operational efficiency in utilizing its fixed assets to generate sales.
The sustained increase in the fixed asset turnover ratio from 2022 to 2023 indicates that the company is effectively utilizing its fixed assets to drive revenue growth. However, as the data becomes incomplete from September 30, 2023, onwards, a conclusive analysis for the latter part of 2023 and beyond is not possible based on the available information.
Overall, based on the data provided, Kaiser Aluminum Corporation has demonstrated an improvement in its utilization of fixed assets to generate sales, with the ratio consistently increasing from 2021 to 2023, reflecting enhanced operational efficiency in capital utilization.
Peer comparison
Dec 31, 2024