Sturm Ruger & Company Inc (RGR)
Fixed asset turnover
| 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 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 535,643 | 520,485 | 519,091 | 531,134 | 543,767 | 562,374 | 580,871 | 578,720 | 595,842 | 614,659 | 653,515 | 712,934 | 730,736 | 731,955 | 699,414 | 629,606 | 568,868 | 504,747 | 454,041 | 420,106 |
| Property, plant and equipment | US$ in thousands | 71,249 | 72,529 | 71,314 | 67,755 | 71,534 | 69,801 | 69,266 | 72,275 | 76,853 | 71,615 | 75,224 | 78,129 | 73,631 | 64,541 | 67,575 | 68,820 | 70,733 | 60,425 | 65,545 | 70,866 |
| Fixed asset turnover | 7.52 | 7.18 | 7.28 | 7.84 | 7.60 | 8.06 | 8.39 | 8.01 | 7.75 | 8.58 | 8.69 | 9.13 | 9.92 | 11.34 | 10.35 | 9.15 | 8.04 | 8.35 | 6.93 | 5.93 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $535,643K ÷ $71,249K
= 7.52
Sturm Ruger & Company Inc's fixed asset turnover ratio has shown a generally increasing trend from March 2020 to June 2021, indicating that the company has become more efficient in generating sales revenue from its fixed assets over this period. The ratio increased from 5.93 in March 2020 to a peak of 11.34 in September 2021.
However, from December 2021 onwards, the fixed asset turnover ratio started to fluctuate, showing a slight decline. As of December 2024, the ratio stands at 7.52. This may imply that the company's ability to generate sales from its fixed assets has somewhat decreased compared to previous periods.
Overall, while the fixed asset turnover ratio has shown fluctuations in recent periods, it is important for Sturm Ruger & Company Inc to continue monitoring and managing its fixed asset efficiency to ensure optimal utilization of these assets to drive revenue growth.
Peer comparison
Dec 31, 2024