Triumph Group Inc (TGI)
Fixed asset turnover
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 884,067 | 1,242,654 | 1,212,053 | 1,278,619 | 1,324,748 | 1,359,450 | 1,403,350 | 1,356,889 | 1,379,128 | 1,372,490 | 1,362,884 | 1,412,680 | 1,459,942 | 1,540,124 | 1,646,869 | 1,771,288 | 1,869,719 | 2,095,996 | 2,374,668 | 2,664,963 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | 166,600 | 168,437 | 166,800 | 162,278 | 160,862 | 165,670 | 169,050 | 178,663 | 179,079 | 204,907 | 258,012 | 356,107 | 360,949 | 370,820 |
| Fixed asset turnover | — | — | — | — | — | — | 8.42 | 8.06 | 8.27 | 8.46 | 8.47 | 8.53 | 8.64 | 8.62 | 9.20 | 8.64 | 7.25 | 5.89 | 6.58 | 7.19 |
March 31, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $884,067K ÷ $—K
= —
Triumph Group Inc's fixed asset turnover ratio has shown a generally positive trend over the data period. The ratio increased from 7.19 as of June 30, 2020, to a peak of 9.20 as of September 30, 2021. This indicates that the company was generating $9.20 in sales for every dollar invested in fixed assets during that period.
After reaching its peak, the fixed asset turnover ratio fluctuated but remained relatively high, ranging between 8.06 and 8.64 up to March 31, 2023. This suggests that Triumph Group Inc has been utilizing its fixed assets efficiently to generate revenue.
However, in the subsequent quarters, the fixed asset turnover ratio decreased slightly, settling around 8.42 as of September 30, 2023. It is important for the company to monitor this trend to ensure efficient utilization of fixed assets and continued profitability.
As of December 31, 2023, data is not available, and subsequent periods are marked as not available as well, making it difficult to provide a complete analysis of the fixed asset turnover ratio beyond that point. Triumph Group Inc should strive to maintain a healthy fixed asset turnover ratio to maximize its operational efficiency and profitability.
Peer comparison
Mar 31, 2025