Somnigroup International Inc. (SGI)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 4,930,900 | 4,925,400 | 4,921,200 | 4,930,800 | 3,676,900 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — |
| Fixed asset turnover | — | — | — | — | — |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $4,930,900K ÷ $—K
= —
The fixed asset turnover ratio for Somnigroup International Inc. remains constant at "— " for the years ending December 31, 2020 to December 31, 2024. This may indicate that the company is not efficiently utilizing its fixed assets to generate sales revenue during these years. A stagnant or declining fixed asset turnover ratio can suggest underutilization or inefficiency in managing the company's fixed assets. This metric reflects the effectiveness of the company in generating sales from its investment in fixed assets, such as property, plant, and equipment. It is advisable for Somnigroup International Inc. to investigate the reasons behind the consistent low fixed asset turnover and consider strategies to improve the efficiency of its fixed asset utilization.
Peer comparison
Dec 31, 2024