Post Holdings Inc (POST)
Fixed asset turnover
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 7,922,700 | 7,858,000 | 7,769,700 | 7,390,600 | 6,991,000 | 6,624,700 | 6,290,200 | 6,080,000 | 5,851,200 | 5,628,000 | 5,350,600 | 5,142,400 | 5,262,900 | 5,318,300 | 5,407,200 | 5,699,900 | 5,698,700 | 5,730,200 | 5,833,000 | 5,726,600 |
| Property, plant and equipment | US$ in thousands | 2,311,700 | 2,187,700 | 2,145,100 | 2,124,600 | 2,021,400 | 1,992,600 | 1,785,700 | 1,756,500 | 1,751,900 | 1,727,400 | 1,736,300 | 1,769,000 | 1,830,500 | 1,846,300 | 1,776,600 | 1,776,000 | 1,779,700 | 1,721,800 | 1,729,200 | 1,764,200 |
| Fixed asset turnover | 3.43 | 3.59 | 3.62 | 3.48 | 3.46 | 3.32 | 3.52 | 3.46 | 3.34 | 3.26 | 3.08 | 2.91 | 2.88 | 2.88 | 3.04 | 3.21 | 3.20 | 3.33 | 3.37 | 3.25 |
September 30, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $7,922,700K ÷ $2,311,700K
= 3.43
Post Holdings Inc's fixed asset turnover ratio has shown a fluctuating trend over the past few quarters. The ratio measures the company's ability to generate revenues from its investment in fixed assets.
The ratio ranged from 2.88 to 3.62 over the last eight quarters, indicating that, on average, the company generated between $2.88 to $3.62 in revenue for every dollar invested in fixed assets.
The trend shows some variability, with the ratio peaking at 3.62 in March 2024 and reaching its lowest point at 2.88 in June 2021. Overall, the company has maintained a relatively stable fixed asset turnover ratio above 3.0, suggesting efficient utilization of fixed assets to generate sales.
However, the slight fluctuations in the ratio indicate that the company may need to continue monitoring and optimizing its asset utilization to ensure sustained efficiency in generating revenue from its fixed assets.
Peer comparison
Sep 30, 2024