Pool Corporation (POOL)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,310,950 | 5,541,600 | 6,179,730 | 5,295,580 | 3,936,620 |
| Property, plant and equipment | US$ in thousands | — | — | 193,709 | 420,670 | 108,241 |
| Fixed asset turnover | — | — | 31.90 | 12.59 | 36.37 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $5,310,950K ÷ $—K
= —
The fixed asset turnover for Pool Corporation has fluctuated over the years. From December 31, 2020, to December 31, 2021, there was a significant decrease in the ratio from 36.37 to 12.59, indicating a decline in the company's ability to generate revenue from its fixed assets. However, there was a notable improvement in the fixed asset turnover to 31.90 by December 31, 2022, suggesting better utilization of fixed assets to generate sales.
It is worth noting that there is missing data for December 31, 2023, and December 31, 2024, indicated by "—". This missing data makes it challenging to assess the trend accurately for those years.
Overall, Pool Corporation should focus on effectively managing and utilizing its fixed assets to optimize revenue generation in the future and ensure long-term profitability.