Olin Corporation (OLN)
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 | 6,540,100 | 6,483,400 | 6,565,300 | 6,624,000 | 6,833,000 | 7,195,400 | 7,845,700 | 8,759,100 | 9,376,200 | 9,829,600 | 9,848,000 | 9,453,200 | 8,910,600 | 8,134,300 | 7,231,800 | 6,251,700 | 5,758,000 | 5,491,000 | 5,630,000 | 5,981,700 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 2,821,200 | 2,886,300 | 2,606,700 | 3,030,100 | 3,062,200 | 2,755,000 | 2,827,000 | 3,286,000 | 3,321,300 | 3,376,300 | 3,073,400 | 3,171,000 | 3,179,800 | 3,234,900 | 3,282,700 |
| Fixed asset turnover | — | — | — | — | — | 2.55 | 2.72 | 3.36 | 3.09 | 3.21 | 3.57 | 3.34 | 2.71 | 2.45 | 2.14 | 2.03 | 1.82 | 1.73 | 1.74 | 1.82 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $6,540,100K ÷ $—K
= —
The fixed asset turnover ratio is a financial metric that indicates how efficiently a company is utilizing its fixed assets to generate revenue. It is calculated by dividing net sales by average fixed assets.
Looking at the data provided for Olin Corporation's fixed asset turnover over a series of quarters from March 31, 2020, to December 31, 2024, we can observe the following trends:
1. The fixed asset turnover ratio increased steadily from 1.82 in March 2020 to 3.57 in June 2022, indicating improving efficiency in utilizing fixed assets to generate sales.
2. There was a peak in the fixed asset turnover ratio at 3.57 in June 2022, suggesting that the company was able to generate more sales relative to its fixed assets during that period.
3. Subsequently, the fixed asset turnover ratio declined to 2.55 by September 2023. This downward trend may signify a decrease in efficiency in converting fixed assets into sales during this period.
4. Notably, there is missing data for the fixed asset turnover ratio for the quarters ending December 31, 2023, and onwards, which may indicate that the company did not disclose this information or experienced significant changes that impacted the calculation of the ratio.
Overall, the trend in Olin Corporation's fixed asset turnover ratio shows periods of improvement followed by a slight decline, suggesting fluctuations in the company's efficiency in utilizing fixed assets to generate revenue. continued monitoring and analysis of this ratio may provide insights into the company's operational performance and asset utilization efficiency.
Peer comparison
Dec 31, 2024