Sylvamo Corp (SLVM)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,773,000 | 3,721,000 | 3,628,000 | 3,502,000 | 3,009,000 |
| Property, plant and equipment | US$ in thousands | — | — | 1,174,000 | 1,204,000 | 1,313,000 |
| Fixed asset turnover | — | — | 3.09 | 2.91 | 2.29 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $3,773,000K ÷ $—K
= —
The fixed asset turnover ratio for Sylvamo Corp has shown a positive trend over the past few years. In 2020, the ratio was 2.29, indicating that for every dollar invested in fixed assets, the company generated $2.29 in revenue. By the end of 2021, this ratio improved to 2.91, suggesting that the company was able to generate more revenue relative to its investment in fixed assets.
This improvement continued into 2022, with the fixed asset turnover ratio reaching 3.09, reflecting increased efficiency in utilizing its fixed assets to generate sales. Unfortunately, the data for 2023 and 2024 is not available, which limits our ability to assess the company's performance in those years.
Overall, the increasing trend in the fixed asset turnover ratio signals that Sylvamo Corp has been effectively utilizing its fixed assets to drive sales growth and improve operational efficiency. However, it is important to continue monitoring this ratio in the future to ensure that the company maintains its efficiency in utilizing its fixed assets.
Peer comparison
Dec 31, 2024