Koppers Holdings Inc (KOP)
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 | 2,092,100 | 2,128,300 | 2,124,400 | 2,138,400 | 2,154,200 | 2,123,600 | 2,109,300 | 2,034,600 | 1,980,500 | 1,903,200 | 1,791,900 | 1,730,400 | 1,678,600 | 1,666,400 | 1,679,100 | 1,674,700 | 1,669,100 | 1,669,200 | 1,706,600 | 1,739,800 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 692,100 | 679,000 | 576,000 | 643,600 | 527,200 | 518,800 | 509,700 | 489,100 | 556,100 | 542,200 | 416,600 | 409,100 | 380,100 | 369,300 | 355,400 |
| Fixed asset turnover | — | — | — | — | — | 3.07 | 3.11 | 3.53 | 3.08 | 3.61 | 3.45 | 3.39 | 3.43 | 3.00 | 3.10 | 4.02 | 4.08 | 4.39 | 4.62 | 4.90 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $2,092,100K ÷ $—K
= —
The fixed asset turnover ratio for Koppers Holdings Inc has shown a declining trend over the analyzed period, starting at 4.90 as of March 31, 2020, and decreasing to 3.07 as of September 30, 2023. This indicates that the company generated $3.07 in sales for every dollar invested in fixed assets by the end of September 2023. The decline in the ratio suggests that the company may not be efficiently utilizing its fixed assets to generate sales.
It is important to note that, as of December 31, 2023, the fixed asset turnover ratio was not provided, and there is a lack of data for the following periods up to December 31, 2024. This missing data prevents a complete assessment of the trend in the fixed asset turnover ratio for Koppers Holdings Inc beyond the third quarter of 2023.
Overall, the decreasing trend in the fixed asset turnover ratio may indicate potential inefficiencies in the company's utilization of its fixed assets to generate sales, and further monitoring of the ratio is advisable to assess the company's operational efficiency and asset management strategies.
Peer comparison
Dec 31, 2024