Royal Gold Inc (RGLD)
Fixed asset turnover
| 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 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 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 | 423,056 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | 4,772 | — | — | — | 2,476,630 | 6,009 | 2,224,440 | 2,231,980 | 2,242,310 | 2,318,910 | 2,317,410 | 2,333,090 | 2,305,020 | 2,339,320 |
| Fixed asset turnover | — | — | — | — | — | — | 126.41 | — | — | — | 0.26 | 108.13 | 0.27 | 0.27 | 0.25 | 0.22 | 0.21 | 0.20 | 0.19 | 0.18 |
June 30, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $614,281K ÷ $—K
= —
The fixed asset turnover ratio for Royal Gold Inc has shown fluctuation over the past few quarters. The ratio was not available for the first few quarters of the data provided. In December 2022, there was a significant increase in the fixed asset turnover ratio to 126.41, indicating that Royal Gold was generating $126.41 in revenue for every dollar invested in fixed assets during that period.
Subsequently, the ratio decreased in the following quarters but remained relatively high compared to historical values. This could suggest that the company may have experienced changes in its fixed asset base or revenue generation efficiency during those periods.
Overall, the trend in the fixed asset turnover ratio for Royal Gold Inc indicates varying levels of efficiency in utilizing its fixed assets to generate revenue. Further analysis of the company's operational and financial performance may be necessary to understand the factors driving these fluctuations in the ratio.