Par Pacific Holdings Inc (PARR)
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 | 7,974,460 | 8,325,750 | 8,761,130 | 8,527,590 | 8,231,960 | 7,857,330 | 7,334,300 | 7,656,700 | 7,321,780 | 6,806,420 | 6,060,510 | 5,171,700 | 4,710,090 | 4,132,075 | 3,511,686 | 2,809,467 | 3,124,867 | 3,808,492 | 4,520,151 | 5,414,260 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 1,418,280 | 1,421,120 | — | 1,186,600 | 1,153,810 | 1,172,920 | 1,230,810 | 1,240,330 | 1,268,610 | 1,289,230 | 1,316,750 | 1,289,930 | 1,315,980 | 1,330,310 | 959,098 |
| Fixed asset turnover | — | — | — | — | — | 5.54 | 5.16 | — | 6.17 | 5.90 | 5.17 | 4.20 | 3.80 | 3.26 | 2.72 | 2.13 | 2.42 | 2.89 | 3.40 | 5.65 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $7,974,460K ÷ $—K
= —
Fixed asset turnover is a financial ratio that measures the efficiency with which a company is generating revenues from its investment in fixed assets. The trend of fixed asset turnover for Par Pacific Holdings Inc from March 2020 to December 2024 shows fluctuations.
The fixed asset turnover ratio started at 5.65 in March 2020, indicating that the company generated $5.65 in revenue for every dollar invested in fixed assets. However, the ratio decreased to 2.13 by March 2021, signaling a decline in asset utilization efficiency. This downward trend continued until June 2021 when the ratio increased to 2.72, suggesting a slight improvement.
From September 2021 to December 2022, there was a consistent increase in the fixed asset turnover ratio, reaching a peak of 6.17 by December 2022. This upward trend indicates that the company was utilizing its fixed assets more effectively to generate revenues during this period.
However, the ratio showed some volatility in the following periods, with fluctuations between 5.16 and 5.90 from June 2023 to September 2023. The ratio remained stable at 5.54 in December 2023.
From March 2024 to December 2024, there is no data available, as denoted by "\u2014," which makes it difficult to provide a comprehensive analysis of the fixed asset turnover ratio for these periods.
Overall, the trend in the fixed asset turnover ratio for Par Pacific Holdings Inc shows both fluctuations and periods of improvement, indicating varying levels of efficiency in generating revenues from its investment in fixed assets over the years.
Peer comparison
Dec 31, 2024