Korn Ferry (KFY)
Fixed asset turnover
| Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,761,090 | 2,795,500 | 2,863,840 | 2,643,460 | 1,819,950 |
| Property, plant and equipment | US$ in thousands | — | — | 161,876 | 305,906 | 131,778 |
| Fixed asset turnover | — | — | 17.69 | 8.64 | 13.81 |
April 30, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $2,761,090K ÷ $—K
= —
The fixed asset turnover ratio for Korn Ferry has demonstrated notable fluctuations over the period spanning from April 30, 2021, to April 30, 2023. Specifically, the ratio was 13.81 in 2021, indicating that for every dollar invested in fixed assets, the company generated approximately $13.81 in revenue. This ratio decreased significantly in 2022, reaching 8.64, which suggests a decline in the company's efficiency in utilizing its fixed assets to produce revenue during that year.
However, the ratio recovered substantially in 2023, rising to 17.69. This upward movement indicates a marked improvement in asset utilization, implying that the company was able to generate more revenue per dollar invested in fixed assets compared to previous years. The higher ratio in 2023 points to enhanced operational efficiency or possible restructuring of asset deployment.
Data for the years 2024 and 2025 are unavailable or not reported, preventing an assessment of longer-term trends beyond 2023. Overall, the pattern reflects a period of challenge followed by a significant recovery in asset utilization efficiency within Korn Ferry within the observed timeframe.
Peer comparison
Apr 30, 2025