Monro Muffler Brake Inc (MNRO)
Fixed asset turnover
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Dec 23, 2023 | Sep 30, 2023 | Sep 23, 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 900,342 | 1,210,419 | 1,222,303 | 1,233,522 | 1,262,431 | 1,269,644 | 1,278,959 | 1,277,185 | 1,290,287 | 1,302,815 | 1,325,382 | 1,342,576 | 1,349,164 | 1,367,045 | 1,359,328 | 1,336,783 | 1,279,593 | 1,220,481 | 1,125,722 | 1,106,303 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | 284,563 | — | 289,568 | 300,097 | 304,989 | 307,427 | 758,034 | 771,066 | 797,187 | 810,786 | 803,399 | 826,732 | 327,063 | 334,293 |
| Fixed asset turnover | — | — | — | — | — | — | 4.49 | — | 4.46 | 4.34 | 4.35 | 4.37 | 1.78 | 1.77 | 1.71 | 1.65 | 1.59 | 1.48 | 3.44 | 3.31 |
March 31, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $900,342K ÷ $—K
= —
Monro Muffler Brake Inc's fixed asset turnover ratio has experienced fluctuations over the years, indicating changes in the efficiency of the company's utilization of its fixed assets to generate sales. From December 31, 2020, to September 30, 2022, the fixed asset turnover ratio declined steadily from 3.31 to 1.78. This suggests a decrease in the company's ability to generate revenue from its fixed assets during this period.
However, from December 31, 2022, to December 23, 2023, the fixed asset turnover ratio showed a significant improvement, reaching a peak of 4.49. This surge indicates an enhanced efficiency in utilizing fixed assets to generate revenue, which could be due to better operational management or asset utilization strategies implemented by the company.
From September 30, 2023 onwards, the data indicates missing values, which may indicate potential data collection issues or changes in reporting practices by the company. As a result, it is challenging to provide a comprehensive analysis of the fixed asset turnover ratio beyond December 23, 2023.
Overall, the fluctuations in Monro Muffler Brake Inc's fixed asset turnover ratio highlight the importance of effectively managing and optimizing the utilization of fixed assets to drive revenue growth and operational efficiency.
Peer comparison
Mar 31, 2025