Stanley Black & Decker Inc (SWK)
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 | 15,365,700 | 15,381,700 | 15,584,300 | 15,718,800 | 15,781,100 | 16,031,400 | 16,197,100 | 16,431,200 | 16,947,400 | 17,028,900 | 16,689,000 | 16,596,900 | 16,346,000 | 16,685,300 | 16,755,800 | 15,602,300 | 14,534,600 | 13,841,200 | 13,624,100 | 14,238,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 2,714,400 | 2,245,700 | 2,307,100 | 2,353,100 | 2,305,600 | 2,310,600 | 2,365,600 | 2,347,100 | 2,051,300 | 2,515,900 | 2,016,500 | 2,053,800 | 2,005,900 | 2,024,400 | 2,036,700 |
| Fixed asset turnover | — | — | — | — | — | 5.91 | 7.21 | 7.12 | 7.20 | 7.39 | 7.22 | 7.02 | 6.96 | 8.13 | 6.66 | 7.74 | 7.08 | 6.90 | 6.73 | 6.99 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $15,365,700K ÷ $—K
= —
Fixed asset turnover is a financial ratio that indicates how efficiently a company is utilizing its fixed assets to generate revenue. For Stanley Black & Decker Inc, the trend in fixed asset turnover has been somewhat volatile over the reported periods. The ratio has fluctuated between 5.91 and 8.13, with notable peaks and valleys.
In general, a higher fixed asset turnover ratio is preferred as it signifies that the company is generating more revenue per unit of fixed assets invested. The trend for Stanley Black & Decker Inc shows some improvement in efficiency as the ratio increased from 6.99 in March 2020 to 7.21 in June 2023. However, there was a significant drop in September 2023 to 5.91, indicating a potential decrease in asset utilization efficiency.
Despite the fluctuations, the company has managed to maintain relatively high fixed asset turnover ratios, which suggests a good level of efficiency in utilizing its fixed assets to generate sales revenue. It is important for investors and stakeholders to monitor this ratio over time to assess the company's operational efficiency and resource utilization.
Peer comparison
Dec 31, 2024