Treehouse Foods Inc (THS)
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 | 3,354,000 | 3,359,100 | 3,383,300 | 3,398,300 | 3,431,600 | 3,517,000 | 3,486,600 | 3,493,300 | 3,411,900 | 3,581,600 | 3,500,400 | 3,693,400 | 3,978,100 | 3,989,400 | 4,283,400 | 4,322,100 | 4,349,700 | 4,312,000 | 4,323,600 | 4,307,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 917,200 | 926,100 | 850,300 | 850,900 | 838,700 | 1,180,300 | 1,195,100 | 1,184,700 | 1,175,000 | 1,192,800 | 1,208,300 | 1,230,700 | 1,013,400 | 1,014,300 | 1,022,300 |
| Fixed asset turnover | — | — | — | — | — | 3.83 | 3.76 | 4.11 | 4.01 | 4.27 | 2.97 | 3.09 | 3.36 | 3.40 | 3.59 | 3.58 | 3.53 | 4.25 | 4.26 | 4.21 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $3,354,000K ÷ $—K
= —
Treehouse Foods Inc's fixed asset turnover ratio indicates the company's efficiency in generating sales revenue from its investment in fixed assets. The trend in the fixed asset turnover ratio from March 31, 2020, to September 30, 2023, demonstrates a relatively stable performance, ranging from 3.09 to 4.27. This consistency suggests that Treehouse Foods has been effectively utilizing its fixed assets to generate revenue over this period.
However, the significant drop in the fixed asset turnover ratio in the most recent periods, from June 30, 2023 (3.83), to September 30, 2023 (3.40), indicates a potential decline in efficiency in utilizing fixed assets to generate sales. This decline could be attributed to various factors such as changes in production capacity, asset impairment, or the company's overall operating performance.
The absence of data for the fixed asset turnover ratio from December 31, 2023, onwards hinders a complete analysis of the company's recent performance in this aspect. It is essential for Treehouse Foods Inc to monitor and address any fluctuations in the fixed asset turnover ratio to ensure optimal utilization of its fixed assets and maintain operational efficiency.
Peer comparison
Dec 31, 2024