Oshkosh Corporation (OSK)

Fixed asset turnover

		Dec 31, 2024	Dec 31, 2023	Sep 30, 2023	Dec 31, 2022	Sep 30, 2022
Revenue	US$ in thousands	10,730,200	9,648,300	9,657,900	8,282,000	8,282,000
Property, plant and equipment	US$ in thousands	—	—	—	—	826,200
Fixed asset turnover		—	—	—	—	10.02

December 31, 2024 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $10,730,200K ÷ $—K
= —

The fixed asset turnover ratio is a financial metric used to evaluate a company's efficiency in generating sales revenue from its investment in fixed assets. For Oshkosh Corporation, the fixed asset turnover ratio was 10.02 as of September 30, 2022. This indicates that for every dollar invested in fixed assets, the company generated $10.02 in sales revenue.

It is important to note that the fixed asset turnover ratio for subsequent periods (December 31, 2022, September 30, 2023, December 31, 2023, and December 31, 2024) was not available in the provided data. A high fixed asset turnover ratio generally suggests that the company is effectively utilizing its fixed assets to generate sales, while a low ratio may indicate inefficiencies in asset utilization.

Without data for other periods, it is challenging to assess the trend of Oshkosh Corporation's fixed asset turnover ratio over time. However, a consistent or increasing ratio would typically be viewed positively, showcasing efficient asset management and revenue generation. Conversely, a declining ratio might raise concerns about declining efficiency in asset utilization.

In conclusion, the fixed asset turnover ratio of 10.02 for Oshkosh Corporation as of September 30, 2022, reflects a high level of efficiency in leveraging its fixed assets to generate sales revenue. However, without additional data points, it is difficult to provide a comprehensive analysis of the trend and overall performance of the company in this aspect.