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.