Kraft Heinz Co (KHC)

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	25,793,000	25,128,000	25,349,000	25,547,000	25,670,000	26,151,000	26,178,000	26,150,000	25,729,000	23,928,000	23,469,000	23,040,000	23,202,000	24,866,000	25,001,000	25,170,000	25,036,000	24,643,000	24,255,000	24,180,000
Property, plant and equipment	US$ in thousands	7,004,000	7,137,000	7,038,000	7,036,000	6,987,000	6,813,000	6,866,000	6,776,000	6,619,000	6,417,000	6,568,000	6,602,000	6,680,000	6,588,000	6,611,000	6,579,000	6,681,000	6,558,000	6,777,000	6,813,000
Fixed asset turnover		3.68	3.52	3.60	3.63	3.67	3.84	3.81	3.86	3.89	3.73	3.57	3.49	3.47	3.77	3.78	3.83	3.75	3.76	3.58	3.55

December 31, 2024 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $25,793,000K ÷ $7,004,000K
= 3.68

Fixed asset turnover is a key financial ratio that measures a company's ability to generate revenue from its fixed assets. For Kraft Heinz Co, the fixed asset turnover has shown a fluctuating trend over the past few years.

From March 31, 2020, to December 31, 2024, the fixed asset turnover has ranged from a low of 3.47 to a high of 3.89. This indicates that, on average, Kraft Heinz generates $3.47 to $3.89 for every dollar invested in fixed assets.

The company has experienced some variability in its fixed asset turnover ratio, with some quarters showing improvements and others slight declines. Overall, the trend seems relatively stable, with fluctuations within a reasonable range.

It is important for investors and analysts to monitor the fixed asset turnover ratio over time to assess the efficiency of Kraft Heinz in utilizing its fixed assets to generate revenue. This ratio can provide insights into the operational efficiency and asset utilization of the company.