Treehouse Foods Inc (THS)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,354,000 | 3,431,600 | 3,297,100 | 2,814,300 | 4,349,700 |
| Property, plant and equipment | US$ in thousands | — | — | 850,900 | 1,184,700 | 1,230,700 |
| Fixed asset turnover | — | — | 3.87 | 2.38 | 3.53 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $3,354,000K ÷ $—K
= —
Fixed asset turnover is a financial ratio that measures how efficiently a company is utilizing its fixed assets to generate revenue. Looking at the data provided for Treehouse Foods Inc:
- In December 31, 2020, the fixed asset turnover was 3.53, indicating that for every dollar of fixed assets, the company generated $3.53 in sales revenue.
- By December 31, 2021, the fixed asset turnover decreased to 2.38, which suggests a decline in the efficiency of utilizing fixed assets to generate revenue.
- In the following year, by December 31, 2022, the fixed asset turnover improved significantly to 3.87, showing a better utilization of fixed assets in generating revenue.
- However, for December 31, 2023 and 2024, the data is not available (indicated by the dashes), making it difficult to assess the trend in fixed asset turnover for those years.
Overall, the trend in fixed asset turnover for Treehouse Foods Inc fluctuated over the years, with improvements seen in some years and declines in others. It is crucial for the company to consistently monitor and manage its fixed asset turnover to ensure optimal utilization of its assets to drive revenue growth.
Peer comparison
Dec 31, 2024