Perrigo Company PLC (PRGO)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 4,373,400 | 4,655,600 | 4,451,600 | 4,138,700 | 5,063,300 |
| Property, plant and equipment | US$ in thousands | — | — | 1,165,400 | 1,031,000 | 996,000 |
| Fixed asset turnover | — | — | 3.82 | 4.01 | 5.08 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $4,373,400K ÷ $—K
= —
The fixed asset turnover ratio for Perrigo Company PLC has shown a declining trend over the years, from 5.08 in December 2020 to 3.82 in December 2022. This indicates that the company is generating fewer sales revenue from its fixed assets in recent years. The stagnant values for December 2023 and December 2024 at '—' suggest that data might not be available for these periods. A decreasing fixed asset turnover ratio could imply inefficiencies in asset utilization or production processes that may require closer examination to improve operational performance and profitability.
Peer comparison
Dec 31, 2024