RBC Bearings Incorporated (RBC)
Fixed asset turnover
Mar 31, 2025 | Dec 31, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (ttm) | US$ in thousands | 1,636,300 | 1,612,280 | 1,591,780 | 1,579,480 | 1,560,280 | 1,541,022 | 1,518,747 | 1,502,347 | 1,469,327 | 1,433,784 | 1,349,112 | 1,140,812 | 942,937 | 744,353 | 623,261 | 608,696 | 608,984 | 634,532 | 665,690 | 701,264 |
Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | 409,600 | 412,600 | 416,700 | 417,778 | 421,554 | 428,601 | 431,267 | 438,980 | 237,290 | 2,689,500 | 614,500 | 2,737,700 | 624,100 | 634,300 |
Fixed asset turnover | — | — | — | — | — | — | 3.71 | 3.64 | 3.53 | 3.43 | 3.20 | 2.66 | 2.19 | 1.70 | 2.63 | 0.23 | 0.99 | 0.23 | 1.07 | 1.11 |
March 31, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $1,636,300K ÷ $—K
= —
The fixed asset turnover ratio for RBC Bearings Incorporated has shown fluctuations over the periods provided. The fixed asset turnover indicates how efficiently the company is utilizing its fixed assets to generate revenue.
From June 30, 2020, to December 31, 2020, there was a significant drop in the ratio from 1.11 to 0.23, indicating a decrease in the company's ability to generate sales from its fixed assets during this period. However, there was a notable improvement in the ratio by September 30, 2021, reaching 2.63, showing a significant increase in efficiency in utilizing fixed assets to generate revenue.
The ratio continued to improve through the following periods, reaching its peak at 3.71 by September 30, 2023. This suggests that the company was effectively utilizing its fixed assets to generate sales during this time.
It is worth noting that the ratios for the periods after September 30, 2023, are not available, as they are marked as "—." This lack of data makes it difficult to assess the trend in fixed asset turnover for RBC Bearings Incorporated beyond September 30, 2023.
Overall, the trend observed indicates fluctuations in the company's efficiency in generating sales from its fixed assets over the periods provided, with some periods showing significant improvements in asset utilization.
Peer comparison
Mar 31, 2025