Somnigroup International Inc. (SGI)
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 | 4,930,900 | 4,893,500 | 4,870,600 | 4,906,700 | 4,925,400 | 4,942,300 | 4,948,500 | 4,889,800 | 4,921,200 | 5,093,400 | 5,168,400 | 5,126,500 | 4,930,800 | 4,628,200 | 4,402,200 | 3,898,300 | 3,676,900 | 3,491,200 | 3,179,900 | 3,237,500 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | 850,900 | 823,200 | 723,000 | 727,300 | 672,800 | 624,900 | 518,700 | 492,400 | 457,500 | 449,600 | 507,900 | 422,800 | 462,800 | 460,300 |
| Fixed asset turnover | — | — | — | — | — | — | 5.82 | 5.94 | 6.81 | 7.00 | 7.68 | 8.20 | 9.51 | 9.40 | 9.62 | 8.67 | 7.24 | 8.26 | 6.87 | 7.03 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $4,930,900K ÷ $—K
= —
Somnigroup International Inc.'s fixed asset turnover has shown fluctuations over the past few years. The fixed asset turnover ratio measures how efficiently a company generates sales from its fixed assets. A higher ratio indicates that the company is generating more sales from its fixed assets.
From March 2020 to June 2021, the fixed asset turnover ratio increased steadily from 7.03 to 9.62, indicating an improvement in how efficiently the company was utilizing its fixed assets to generate revenue. This was a positive trend suggesting increased productivity and potentially better asset management.
However, from September 2021 to June 2024, the fixed asset turnover ratio experienced a decline, dropping to as low as 5.82 in June 2023. This downward trend may indicate challenges in efficiently utilizing fixed assets or a decrease in revenue generated from these assets.
The absence of data for the latter half of 2023 and all of 2024 makes it difficult to assess the current status of the fixed asset turnover ratio. It would be prudent for Somnigroup International Inc. to closely monitor and analyze their fixed asset turnover ratio to ensure optimal utilization of their fixed assets to drive revenue generation.
Peer comparison
Dec 31, 2024