PHINIA Inc. (PHIN)
Fixed asset turnover
| Dec 31, 2023 | ||
|---|---|---|
| Revenue | US$ in thousands | 3,500,000 |
| Property, plant and equipment | US$ in thousands | 921,000 |
| Fixed asset turnover | 3.80 |
December 31, 2023 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $3,500,000K ÷ $921,000K
= 3.80
Peer comparison
Dec 31, 2023
Company name
Symbol
Fixed asset turnover
PHINIA Inc.
PHIN
3.80
Adient PLC
ADNT
11.14
American Axle & Manufacturing
AXL
3.45
Aptiv PLC
APTV
5.30
Autoliv Inc
ALV
4.72
BorgWarner Inc
BWA
3.78
Dana Inc
DAN
4.49
Dorman Products Inc
DORM
11.75
Gentex Corporation
GNTX
3.52
Gentherm Inc
THRM
5.90
LCI Industries
LCII
8.13