Dorian LPG Ltd (LPG)
Fixed asset turnover
Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 353,341 | 560,717 | 389,749 | 274,221 | 315,939 |
Property, plant and equipment | US$ in thousands | — | — | 1,263,980 | 1,262,600 | 1,377,180 |
Fixed asset turnover | — | — | 0.31 | 0.22 | 0.23 |
March 31, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $353,341K ÷ $—K
= —
Dorian LPG Ltd's fixed asset turnover has fluctuated over the years. In March 2021, the fixed asset turnover was 0.23, which decreased slightly to 0.22 by March 2022. However, there was a significant increase to 0.31 by March 2023, indicating the company generated more revenue for each dollar invested in fixed assets. Unfortunately, there is missing data for the fixed asset turnover in March 2024 and March 2025. Overall, the trend in fixed asset turnover suggests varying levels of efficiency in utilizing fixed assets to generate sales revenue over the period analyzed.