Simpson Manufacturing Company Inc (SSD)
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 | 2,231,253 | 2,210,675 | 2,203,597 | 2,204,118 | 2,207,715 | 2,177,144 | 2,150,806 | 2,146,344 | 2,106,837 | 2,054,135 | 1,897,115 | 1,714,148 | 1,566,618 | 1,445,325 | 1,412,952 | 1,328,784 | 1,265,192 | 1,242,584 | 1,188,145 | 1,167,566 |
| Property, plant and equipment | US$ in thousands | 531,655 | 371,342 | 459,297 | 437,429 | 418,612 | 328,753 | 375,240 | 369,089 | 361,555 | 341,233 | 346,184 | 265,675 | 259,869 | 255,547 | 255,353 | 255,684 | 255,184 | 246,472 | 247,119 | 246,941 |
| Fixed asset turnover | 4.20 | 5.95 | 4.80 | 5.04 | 5.27 | 6.62 | 5.73 | 5.82 | 5.83 | 6.02 | 5.48 | 6.45 | 6.03 | 5.66 | 5.53 | 5.20 | 4.96 | 5.04 | 4.81 | 4.73 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $2,231,253K ÷ $531,655K
= 4.20
Simpson Manufacturing Company Inc's fixed asset turnover has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The fixed asset turnover ratio measures how efficiently the company is utilizing its fixed assets to generate revenue.
The ratio increased from 4.73 on March 31, 2020, to a peak of 6.62 on September 30, 2023, indicating that the company was able to generate more revenue relative to its investment in fixed assets during this period. This suggests a more efficient use of its fixed assets to generate sales.
However, the ratio decreased to 4.20 on December 31, 2024, from the peak, which could imply a possible decline in the company's ability to generate revenue with its fixed assets efficiently.
Overall, the company's fixed asset turnover ratio has experienced variability during the period, and it would be important for stakeholders to further investigate the reasons behind these fluctuations to assess the company's operational efficiency and asset management practices.
Peer comparison
Dec 31, 2024