Molson Coors Brewing Co Class B (TAP)
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 | 11,627,000 | 11,682,200 | 11,937,900 | 11,952,200 | 11,702,100 | 11,540,800 | 11,177,600 | 10,832,700 | 10,701,000 | 10,690,700 | 10,578,200 | 10,595,900 | 10,279,700 | 9,954,800 | 9,885,600 | 9,449,600 | 9,654,000 | 9,845,900 | 9,934,000 | 10,378,900 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 4,468,000 | 4,542,700 | 4,270,100 | 4,355,500 | 4,175,900 | 4,298,300 | 4,326,500 | 4,192,400 | 4,238,600 | 4,307,700 | 4,143,500 | 4,250,300 | 4,180,100 | 4,344,000 | 4,393,600 |
| Fixed asset turnover | — | — | — | — | — | 2.58 | 2.46 | 2.54 | 2.46 | 2.56 | 2.46 | 2.45 | 2.45 | 2.35 | 2.29 | 2.28 | 2.27 | 2.36 | 2.29 | 2.36 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $11,627,000K ÷ $—K
= —
The fixed asset turnover ratio for Molson Coors Brewing Co Class B has been relatively stable over the past few years, averaging around 2.35. This ratio measures how efficiently the company is using its fixed assets to generate revenue.
From March 2020 to September 2023, we saw a gradual increase in fixed asset turnover, indicating that the company was becoming more efficient in utilizing its fixed assets to generate sales. This is a positive trend as it suggests that Molson Coors Brewing Co Class B was able to generate more revenue for each dollar invested in fixed assets during this period.
However, there was a slight dip in the fixed asset turnover ratio in December 2023, but the ratio recovered in the following quarters. The stability in the ratio suggests that the company has been effectively managing its fixed assets to support its revenue generation activities.
Overall, the consistent and relatively high fixed asset turnover ratio for Molson Coors Brewing Co Class B indicates that the company is efficiently utilizing its fixed assets to generate revenue, which is a positive indicator of operational efficiency.
Peer comparison
Dec 31, 2024