Sealed Air Corporation (SEE)
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 | 5,392,600 | 5,397,300 | 5,434,000 | 5,469,700 | 5,488,900 | 5,517,300 | 5,535,900 | 5,573,100 | 5,641,900 | 5,767,500 | 5,773,800 | 5,684,300 | 5,533,800 | 5,343,200 | 5,173,700 | 4,996,400 | 4,903,200 | 4,861,200 | 4,842,500 | 4,852,300 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 1,472,200 | 1,410,000 | 1,478,900 | 1,346,100 | 1,301,100 | 1,245,900 | 1,252,300 | 1,295,800 | 1,277,200 | 1,273,500 | 1,177,500 | 1,189,700 | 1,136,400 | 1,115,200 | 1,102,200 |
| Fixed asset turnover | — | — | — | — | — | 3.75 | 3.93 | 3.77 | 4.19 | 4.43 | 4.63 | 4.54 | 4.27 | 4.18 | 4.06 | 4.24 | 4.12 | 4.28 | 4.34 | 4.40 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $5,392,600K ÷ $—K
= —
The fixed asset turnover ratio for Sealed Air Corporation has shown some fluctuations over the years. The ratio measures how efficiently the company is using its fixed assets to generate sales revenue.
From March 2020 to December 2022, the fixed asset turnover ratio ranged between 4.06 to 4.63, indicating that Sealed Air Corporation was effectively utilizing its fixed assets to generate sales. This trend generally suggests that the company was able to generate a high level of sales relative to its investment in fixed assets during this period.
However, the ratio started to decline from March 2023 onwards, dropping to 3.77 by the end of March 2024. This decline may indicate that the company's efficiency in generating sales revenue from its fixed assets decreased during this period.
It is important for Sealed Air Corporation to closely monitor its fixed asset turnover ratio and identify any factors contributing to the decline to make necessary adjustments and improve operational efficiency in the utilization of fixed assets for generating sales.
Peer comparison
Dec 31, 2024