Matson Inc (MATX)
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 | 3,421,800 | 3,320,400 | 3,185,900 | 3,111,900 | 3,094,600 | 3,107,300 | 3,394,600 | 3,882,300 | 4,343,000 | 4,808,400 | 4,765,200 | 4,379,000 | 3,925,300 | 3,358,400 | 2,932,000 | 2,581,200 | 2,383,300 | 2,223,900 | 2,150,800 | 2,184,600 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 2,364,700 | 2,029,000 | 1,967,100 | 1,962,500 | 1,907,400 | 1,894,700 | 1,894,600 | 1,878,300 | 1,826,800 | 1,972,900 | 1,684,000 | 1,689,900 | 1,614,600 | 1,578,400 | 1,589,600 |
| Fixed asset turnover | — | — | — | — | — | 1.31 | 1.67 | 1.97 | 2.21 | 2.52 | 2.52 | 2.31 | 2.09 | 1.84 | 1.49 | 1.53 | 1.41 | 1.38 | 1.36 | 1.37 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $3,421,800K ÷ $—K
= —
The fixed asset turnover ratio for Matson Inc has shown a fluctuating trend over the period from March 31, 2020, to September 30, 2024.
The ratio increased steadily from 1.37 on March 31, 2020, to reach its peak of 2.52 on June 30, 2022, indicating that the company was generating more revenue relative to its fixed assets during this period. This suggests that Matson Inc was utilizing its fixed assets efficiently to generate sales.
However, after June 30, 2022, the fixed asset turnover ratio started to decline. It decreased to 1.31 on September 30, 2023, indicating a decrease in revenue generated per unit of fixed assets. This might signal potential inefficiencies or slower utilization of fixed assets during this period.
The ratio remained stagnant at 1.31 from September 30, 2023, to December 31, 2023, and was not reported for the remaining quarters of 2024.
Overall, Matson Inc experienced fluctuations in its fixed asset turnover ratio, suggesting varying levels of efficiency in utilizing its fixed assets to generate revenue over the analyzed period.
Peer comparison
Dec 31, 2024