Organon & Co (OGN)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 6,403,000 | 6,409,000 | 6,346,000 | 6,347,000 | 6,263,000 | 6,150,000 | 6,168,000 | 6,145,000 | 6,174,000 | 6,293,000 | 6,356,000 | 6,366,000 | 6,305,000 | 7,878,000 | 7,891,000 | 7,822,000 | 8,096,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 1,096,000 | 1,110,000 | 1,055,000 | 1,233,000 | 906,000 | 952,000 | 970,000 | 973,000 | 967,000 | 1,269,000 | 986,000 | — |
| Fixed asset turnover | — | — | — | — | — | 5.61 | 5.56 | 5.82 | 5.01 | 6.95 | 6.68 | 6.56 | 6.48 | 8.15 | 6.22 | 7.93 | — |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $6,403,000K ÷ $—K
= —
The fixed asset turnover ratio is a measure of how efficiently a company is generating revenue from its fixed assets. It indicates the company's ability to generate sales relative to the value of its fixed assets.
From the provided data for Organon & Co, the fixed asset turnover ratio has fluctuated over time. It was not available for December 31, 2020, and December 31, 2023, indicating potential data gaps or specific circumstances during those periods.
Looking at the trend from March 2021 to June 2023, the fixed asset turnover ranged between 5.01 and 8.15. A higher ratio suggests that the company is using its fixed assets more efficiently to generate sales, while a lower ratio may indicate underutilization of assets or a decrease in sales relative to asset value.
Organon & Co experienced the highest fixed asset turnover of 8.15 on September 30, 2021, and the lowest of 5.01 on December 31, 2022. The ratios for the most recent periods from December 31, 2023, to December 31, 2024, were not available, so it is difficult to assess the current efficiency of the company in generating sales from its fixed assets.
Overall, a thorough analysis of the company's operational performance and asset management practices would be needed to understand the reasons behind the fluctuations in the fixed asset turnover ratio and to determine the impact on Organon & Co's financial performance.
Peer comparison
Dec 31, 2024