New York Times Company (NYT)
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 | 2,585,919 | 2,535,505 | 2,493,672 | 2,459,428 | 2,426,152 | 2,417,473 | 2,366,808 | 2,331,635 | 2,308,321 | 2,235,017 | 2,196,440 | 2,139,257 | 2,074,877 | 1,990,003 | 1,907,795 | 1,813,048 | 1,783,639 | 1,782,644 | 1,784,250 | 1,816,758 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 523,753 | 531,117 | 546,305 | 613,910 | 561,068 | 566,442 | 570,803 | 426,912 | 579,444 | 582,331 | 587,452 | 594,516 | 604,283 | 611,998 | 622,113 |
| Fixed asset turnover | — | — | — | — | — | 4.62 | 4.46 | 4.27 | 3.76 | 3.98 | 3.88 | 3.75 | 4.86 | 3.43 | 3.28 | 3.09 | 3.00 | 2.95 | 2.92 | 2.92 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $2,585,919K ÷ $—K
= —
The fixed asset turnover ratio measures how efficiently a company is utilizing its fixed assets to generate revenue. A higher fixed asset turnover ratio indicates that the company is generating more revenue per dollar of fixed assets.
For New York Times Company, the fixed asset turnover ratio has shown a generally increasing trend over the analyzed period. The ratio started at 2.92 in March 2020 and gradually increased to 4.62 by September 30, 2023. This uptrend suggests that the company has been able to generate more revenue per dollar invested in fixed assets over time.
However, there was a slight decrease in the ratio to 3.76 by December 31, 2023. This could indicate a potential decrease in efficiency in utilizing fixed assets to generate revenue. The ratio remained relatively stable around 3.75 to 3.98 in the subsequent quarters, showing a plateau in the efficiency of fixed asset utilization.
The absence of data for the fixed asset turnover ratio from December 31, 2023, onwards limits a comprehensive analysis of the ratio's recent performance. It would be important to monitor future financial statements to assess whether the company can sustain or improve its efficiency in utilizing fixed assets to generate revenue.
Peer comparison
Dec 31, 2024