Phibro Animal Health Corporation (PAHC)
Fixed asset turnover
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,296,215 | 1,190,682 | 1,106,080 | 1,046,762 | 1,017,630 | 999,515 | 981,965 | 976,668 | 977,889 | 978,140 | 972,086 | 960,152 | 942,296 | 907,296 | 879,406 | 852,843 | 833,372 | 798,972 | 797,982 | 805,845 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | — | — | 195,568 | 188,939 | 186,122 | 179,393 | 165,490 | 162,455 | 154,584 | 152,830 | 187,668 | 150,188 | 150,337 | 147,256 |
| Fixed asset turnover | — | — | — | — | — | — | — | — | 5.00 | 5.18 | 5.22 | 5.35 | 5.69 | 5.58 | 5.69 | 5.58 | 4.44 | 5.32 | 5.31 | 5.47 |
June 30, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $1,296,215K ÷ $—K
= —
The fixed asset turnover ratio for Phibro Animal Health Corporation has demonstrated notable fluctuations over the period from September 2020 through June 2023.
During the end of September 2020, the ratio was approximately 5.47, indicating that for every dollar invested in fixed assets, the company generated approximately $5.47 in sales. This ratio slightly declined to 5.31 by the end of December 2020 and remained relatively stable at around 5.32 by March 2021, reflecting consistent utilization of fixed assets during this period.
A more pronounced decline was observed by June 2021, with the ratio decreasing to approximately 4.44. This suggests a reduced efficiency in utilizing fixed assets to generate sales during that quarter. Subsequently, the ratio rebounded to 5.58 by September 2021 and continued an upward trend, reaching 5.69 by the end of December 2021. The ratio held steady at 5.58 in March 2022 and increased again to 5.69 by June 2022, indicating a period of improved efficiency in asset utilization.
From there, a gradual decline emerged, with the ratio decreasing slightly to 5.35 at the end of September 2022 and further to 5.22 by December 2022. This downward trend continued into the first quarter of 2023, with the ratio falling to approximately 5.18, and further to 5.00 by June 2023.
Overall, the data exhibits a cyclical pattern with periods of higher asset efficiency followed by declines, suggesting variability in asset productivity or changes in asset base and sales performance. The data beyond June 2023 is unavailable, precluding further trend analysis.
Peer comparison
Jun 30, 2025