News Corp A (NWSA)
Fixed asset turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 8,452,000 | 10,085,000 | 9,879,000 | 10,385,000 | 9,358,000 |
| Property, plant and equipment | US$ in thousands | — | — | 2,488,000 | 2,994,000 | 3,307,000 |
| Fixed asset turnover | — | — | 3.97 | 3.47 | 2.83 |
June 30, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $8,452,000K ÷ $—K
= —
The fixed asset turnover ratio for News Corp A has demonstrated a consistent upward trend over the three-year period ending June 30, 2023. Specifically, the ratio increased from 2.83 in 2021 to 3.47 in 2022, reflecting an improvement of approximately 22.6%. This upward trajectory continued into 2023, with the ratio reaching 3.97, representing an increase of about 14.4% from the previous year.
This steady rise suggests that News Corp A has become more efficient in utilizing its fixed assets to generate revenue. The higher ratio indicates that the company is generating more sales per dollar invested in fixed assets, which could be attributable to operational efficiencies, better asset management, or strategic investments aimed at improving asset productivity.
The absence of data for June 30, 2024, and June 30, 2025, prevents further analysis of longer-term trends, but the observed increases from 2021 through 2023 point to an improving asset utilization efficiency during this period. It is important to consider that without accompanying changes in revenue or capital expenditure, these improvements could also be influenced by changes in asset base or sales strategies.
Peer comparison
Jun 30, 2025