REX American Resources Corporation (REX)
Fixed asset turnover
| Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 642,491 | 833,384 | 855,000 | 774,802 | 372,664 |
| Property, plant and equipment | US$ in thousands | — | — | 150,711 | 137,554 | 165,864 |
| Fixed asset turnover | — | — | 5.67 | 5.63 | 2.25 |
January 31, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $642,491K ÷ $—K
= —
The fixed asset turnover ratio for REX American Resources Corporation has shown significant improvement over the period from January 31, 2021, to January 31, 2023. This ratio increased from 2.25 in January 2021 to 5.67 in January 2023, indicating that the company is generating more revenue relative to its fixed assets during this period. However, there is missing data for January 31, 2024, and January 31, 2025, which limits the ability to provide a complete trend analysis. Overall, the increasing trend in fixed asset turnover suggests that REX American Resources Corporation is becoming more efficient in utilizing its fixed assets to generate sales revenue.
Peer comparison
Jan 31, 2025