PHINIA Inc. (PHIN)

Fixed asset turnover

Dec 31, 2024 Dec 31, 2023
Revenue US$ in thousands 3,415,000 3,500,000
Property, plant and equipment US$ in thousands 843,000 921,000
Fixed asset turnover 4.05 3.80

December 31, 2024 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $3,415,000K ÷ $843,000K
= 4.05