Post Holdings Inc (POST)
Fixed asset turnover
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 7,922,700 | 6,991,000 | 5,851,200 | 4,980,700 | 4,711,000 |
| Property, plant and equipment | US$ in thousands | 2,311,700 | 2,021,400 | 1,751,900 | 1,830,500 | 1,779,700 |
| Fixed asset turnover | 3.43 | 3.46 | 3.34 | 2.72 | 2.65 |
September 30, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $7,922,700K ÷ $2,311,700K
= 3.43
Post Holdings Inc's fixed asset turnover has shown a positive trend over the past five years, increasing from 2.65 in 2020 to 3.43 in 2024. This indicates that the company is generating more revenue relative to its investment in fixed assets each year. A fixed asset turnover of 3.43 in 2024 means that for every dollar invested in fixed assets, the company generated $3.43 in sales.
The consistent improvement in fixed asset turnover suggests that Post Holdings Inc has been able to efficiently utilize its fixed assets to generate revenue. This could be due to effective asset management strategies, operational improvements, or increased productivity.
Overall, the upward trend in fixed asset turnover demonstrates Post Holdings Inc's ability to efficiently leverage its investment in fixed assets to drive sales, indicating positive operational performance and financial health.
Peer comparison
Sep 30, 2024