Royal Gold Inc (RGLD)
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 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 669,501 | 614,281 | 584,227 | 605,717 | 616,031 | 608,843 | 611,242 | 603,205 | 614,656 | 651,254 | 647,402 | 643,407 | 649,762 | 601,700 | 595,548 | 560,831 | 498,819 | 494,548 | 467,889 | 441,838 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Fixed asset turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
September 30, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $669,501K ÷ $—K
= —
To calculate Royal Gold Inc's fixed asset turnover ratio, we would need the following formula:
Fixed Asset Turnover = Net Sales / Average Fixed Assets
Since the necessary data is not provided in the table, we are unable to compute the fixed asset turnover ratio for Royal Gold Inc. This ratio is valuable for evaluating how efficiently a company is utilizing its fixed assets to generate sales revenue. A higher fixed asset turnover ratio indicates better asset utilization efficiency, as it suggests that the company is generating more sales revenue per dollar invested in fixed assets. On the other hand, a lower ratio may indicate underutilization of fixed assets.
Analyzing the trend of fixed asset turnover over multiple periods can provide insights into the company's operational efficiency and asset management strategies. It is recommended to gather the relevant financial data to calculate and interpret this ratio effectively for Royal Gold Inc.