Mattel Inc (MAT)
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 | 5,379,538 | 5,353,838 | 5,428,738 | 5,436,208 | 5,441,300 | 5,222,500 | 5,059,500 | 5,208,000 | 5,434,700 | 5,827,700 | 5,834,200 | 5,624,900 | 5,457,800 | 5,288,700 | 5,158,100 | 4,863,800 | 4,583,700 | 4,431,600 | 4,281,500 | 4,409,500 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | 464,111 | 471,216 | 469,132 | 767,900 | 768,300 | 451,981 | 781,500 | 781,800 | 803,600 | 451,001 | 473,794 | 497,437 | 506,555 | 519,777 |
| Fixed asset turnover | — | — | — | — | — | — | 10.90 | 11.05 | 11.58 | 7.59 | 7.59 | 12.44 | 6.98 | 6.76 | 6.42 | 10.78 | 9.67 | 8.91 | 8.45 | 8.48 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $5,379,538K ÷ $—K
= —
Fixed asset turnover is a financial ratio that measures a company's ability to generate sales from its investment in fixed assets. It indicates how efficiently a company is utilizing its fixed assets to generate revenue.
Analyzing the data provided for Mattel Inc, we observe fluctuations in the fixed asset turnover ratio over the periods. The ratio increased from 8.48 in March 2020 to a peak of 12.44 in March 2022, suggesting a significant improvement in utilizing fixed assets to generate sales. However, the ratio experienced a decline in the subsequent periods, reaching 10.90 in June 2023.
The trend in fixed asset turnover indicates that Mattel Inc was able to efficiently generate sales from its fixed assets during the analyzed periods. It is important for the company to sustain or improve this ratio to ensure optimal utilization of its fixed assets and maintain profitability.
It is noted that data is unavailable for the periods after June 2023, thus limiting a comprehensive analysis of the fixed asset turnover ratio in subsequent periods. Further monitoring and analysis of this ratio will provide insights into Mattel Inc's ongoing efficiency in utilizing fixed assets for revenue generation.