Triumph Group Inc (TGI)
Fixed asset turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,261,960 | 1,192,040 | 1,379,130 | 1,459,940 | 1,869,720 |
| Property, plant and equipment | US$ in thousands | — | — | 166,800 | 169,050 | 258,012 |
| Fixed asset turnover | — | — | 8.27 | 8.64 | 7.25 |
March 31, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $1,261,960K ÷ $—K
= —
The fixed asset turnover ratio measures a company's efficiency in generating sales revenue from its investment in fixed assets. For Triumph Group Inc, the fixed asset turnover has shown an increasing trend over the years, from 7.25 in March 2021 to 8.64 in March 2022 and then slightly declining to 8.27 in March 2023. However, the data is not available for March 31, 2024 and 2025.
The improvement in the fixed asset turnover ratio indicates that Triumph Group Inc has been able to effectively utilize its fixed assets to generate sales. This may be a result of better operational efficiency, effective asset management, or increased sales volume relative to the investment in fixed assets.
It is essential for the company to continue monitoring and optimizing its fixed asset turnover ratio to ensure efficient utilization of resources and maximize profitability. Further analysis of the reasons behind the fluctuations in the ratio can provide valuable insights for management decision-making and strategic planning.
Peer comparison
Mar 31, 2025