Newell Brands Inc (NWL)
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 | 7,582,000 | 7,709,000 | 7,810,000 | 7,981,000 | 8,133,000 | 8,342,000 | 8,546,000 | 8,876,000 | 9,459,000 | 9,979,000 | 10,514,000 | 10,689,000 | 10,589,000 | 10,473,000 | 10,385,000 | 9,787,000 | 9,385,000 | 9,319,900 | 9,071,500 | 9,077,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | 1,757,000 | — | 1,762,000 | 1,124,000 | 1,138,000 | 1,144,000 | 1,762,000 | 1,645,000 | 1,649,000 | 1,151,000 | 1,176,000 | 1,115,000 | 1,118,000 | 1,123,000 |
| Fixed asset turnover | — | — | — | — | — | — | 4.86 | — | 5.37 | 8.88 | 9.24 | 9.34 | 6.01 | 6.37 | 6.30 | 8.50 | 7.98 | 8.36 | 8.11 | 8.08 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $7,582,000K ÷ $—K
= —
The fixed asset turnover ratio for Newell Brands Inc has exhibited fluctuations over the period provided. The ratio increased steadily from March 31, 2020, to March 31, 2022, reaching its peak at 9.34. This indicates the company was generating $9.34 in sales for every dollar invested in fixed assets. However, there was a significant decline in the ratio for the next three quarters, dropping to 5.37 by December 31, 2022.
Subsequently, the ratio remained stagnated at low levels through June 30, 2023, indicating a potential inefficiency in utilizing fixed assets to generate revenue. The ratio dropped further to 4.86 by the end of June 30, 2023, signaling a worsening trend in asset turnover.
As of the following periods up to December 31, 2024, there is no data available, making it challenging to provide further insights into the company's fixed asset turnover performance. Moving forward, monitoring this ratio will be important to assess Newell Brands Inc's effectiveness in utilizing its fixed assets to drive sales and overall operational efficiency.
Peer comparison
Dec 31, 2024