SJW Group Common Stock (SJW)

Fixed asset turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 748,439 670,363 620,698 573,686 564,526
Property, plant and equipment US$ in thousands — — 2,630,320 2,539,180 2,378,260
Fixed asset turnover — — 0.24 0.23 0.24

December 31, 2024 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $748,439K ÷ $—K
= —

The fixed asset turnover ratio for SJW Group Common Stock has been relatively stable over the years, ranging from 0.23 to 0.24. This indicates that the company is generating $0.23 to $0.24 in revenue for every dollar invested in fixed assets. However, it is worth noting that the data for December 31, 2023 and December 31, 2024 is not available, which could indicate incomplete information. Overall, the consistent level of fixed asset turnover suggests that SJW Group is efficiently utilizing its fixed assets to generate revenue.