TRI Pointe Homes Inc (TPH)

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	4,470,482	4,498,692	4,181,780	3,864,189	3,704,448	3,967,548	4,211,590	4,391,951	4,348,534	4,035,744	3,997,134	3,997,504	3,982,226	3,833,046	3,632,320	3,384,366	3,260,450	3,340,890	3,256,821	3,185,429
Property, plant and equipment	US$ in thousands	—	—	—	—	—	61,235	61,099	63,700	63,918	136,013	136,455	132,088	125,216	102,522	98,363	101,127	101,292	104,193	107,661	110,932
Fixed asset turnover		—	—	—	—	—	64.79	68.93	68.95	68.03	29.67	29.29	30.26	31.80	37.39	36.93	33.47	32.19	32.06	30.25	28.72

December 31, 2024 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $4,470,482K ÷ $—K
= —

Based on the provided data, the fixed asset turnover ratio of TRI Pointe Homes Inc has shown an increasing trend from March 31, 2020, to June 30, 2023, indicating the company's ability to generate revenue from its fixed assets more efficiently over time. The ratio increased from 28.72 on March 31, 2020, to a peak of 68.95 on March 31, 2023.

This upward trend suggests that TRI Pointe Homes Inc has been effectively utilizing its fixed assets to generate sales, reflecting operational efficiency and effective management of its asset base. A higher fixed asset turnover ratio indicates that the company is generating more revenue per dollar invested in fixed assets.

However, the ratio experienced a slight decline in the subsequent quarters, dropping to 64.79 on September 30, 2023. This could be a signal of adjustments in the company's asset utilization strategies or changes in the business environment.

It is noteworthy that the data for the fixed asset turnover ratio is missing for the periods after December 31, 2023. The absence of data for the last few quarters limits our ability to provide a complete and up-to-date analysis of TRI Pointe Homes Inc's fixed asset turnover performance beyond that date.