Procter & Gamble Company (PG)
Fixed asset turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 84,284,000 | 84,039,000 | 82,006,000 | 80,187,000 | 76,118,000 |
| Property, plant and equipment | US$ in thousands | — | 23,027,000 | 21,909,000 | 21,195,000 | 21,686,000 |
| Fixed asset turnover | — | 3.65 | 3.74 | 3.78 | 3.51 |
June 30, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $84,284,000K ÷ $—K
= —
The fixed asset turnover ratio for Procter & Gamble Company over the specified periods indicates a generally high level of efficiency in utilizing fixed assets to generate sales. On June 30, 2021, the ratio was calculated at 3.51, which increased to 3.78 by June 30, 2022, suggesting an improvement in asset utilization and a more effective deployment of fixed assets to support sales revenue.
Subsequently, the ratio experienced a slight decline to 3.74 as of June 30, 2023, indicating a marginal decrease in efficiency, although the ratio remained relatively stable compared to the previous year. In the period ending June 30, 2024, the ratio further decreased to 3.65, reflecting a modest decline in asset turnover efficiency.
The data for June 30, 2025, is unavailable, implying either the ratio was not calculated or reported for that year, leaving a gap in the trend analysis. Overall, the trend from 2021 to 2024 demonstrates a relatively stable but slightly declining fixed asset turnover ratio, which may suggest that while the company maintained a high level of fixed asset utilization, there was a slight reduction in efficiency over this period. This pattern could be attributed to factors such as increased investments in fixed assets not immediately translating into proportional sales growth, or potential changes in operational efficiency.