Patterson Companies Inc (PDCO)
Fixed asset turnover
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Apr 27, 2024 | Jan 31, 2024 | Jan 27, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 6,511,190 | 6,661,440 | 6,603,160 | 6,677,520 | 6,607,630 | 6,537,740 | 6,498,380 | 6,459,020 | 6,527,400 | 6,595,780 | 6,619,890 | 6,644,000 | 6,549,050 | 6,454,100 | 6,376,510 | 6,298,920 | 6,311,490 | 6,281,890 | 6,355,230 | 6,481,130 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | 229,081 | — | 226,013 | — | 218,977 | 221,300 | 221,300 | 212,283 | 212,283 | 213,770 | 213,770 | 208,120 | 208,120 | 290,110 | 216,269 | 213,140 |
| Fixed asset turnover | — | — | — | — | 28.84 | — | 28.75 | — | 29.81 | 29.80 | 29.91 | 31.30 | 30.85 | 30.19 | 29.83 | 30.27 | 30.33 | 21.65 | 29.39 | 30.41 |
January 31, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $6,511,190K ÷ $—K
= —
The fixed asset turnover ratio of Patterson Companies Inc has shown consistency over the years based on the available data. The ratio ranged between 21.65 and 31.30 during the period from April 30, 2022, to July 29, 2023. This indicates that the company generated revenue relative to its investment in fixed assets at a rate of between approximately 21.65 and 31.30 times.
However, there are some gaps in the data provided, with missing values for certain periods such as October 31, 2023, January 31, 2024, April 30, 2024, and subsequent dates up to January 31, 2025. These omissions make it challenging to analyze the trend of the fixed asset turnover ratio beyond July 31, 2023.
From the data available, it can be concluded that Patterson Companies Inc has been efficiently utilizing its fixed assets to generate sales revenue, although further analysis would be required to assess the trend and any potential changes in the company's efficiency in this aspect in recent years.
Peer comparison
Jan 31, 2025