Koppers Holdings Inc (KOP)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,092,100 | 2,154,200 | 1,980,500 | 1,678,600 | 1,669,100 |
| Property, plant and equipment | US$ in thousands | — | — | 643,600 | 489,100 | 409,100 |
| Fixed asset turnover | — | — | 3.08 | 3.43 | 4.08 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $2,092,100K ÷ $—K
= —
Koppers Holdings Inc's fixed asset turnover ratio has shown a declining trend over the past few years. In 2020, the ratio was 4.08, indicating that the company generated $4.08 in sales for every dollar invested in fixed assets. However, this ratio decreased to 3.43 in 2021 and further dropped to 3.08 in 2022. The decreasing trend suggests that the company may be less efficient in utilizing its fixed assets to generate sales revenue.
The lack of data for 2023 and 2024 prevents a full assessment of the trend, but the decreasing trend up to 2022 raises concerns about the company's asset management efficiency. Further analysis and investigation would be needed to understand the reasons behind the declining fixed asset turnover and to identify potential strategies for improvement.
Peer comparison
Dec 31, 2024