Universal Corporation (UVV)
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 | 2,947,284 | 3,015,865 | 2,900,179 | 2,827,901 | 2,748,573 | 2,671,692 | 2,645,224 | 2,657,724 | 2,569,824 | 2,522,818 | 2,380,423 | 2,183,394 | 2,103,601 | 2,074,218 | 2,094,505 | 2,017,575 | 1,983,357 | 1,997,861 | 1,829,979 | 1,928,875 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | 392,926 | 356,947 | 351,162 | 345,994 | 340,748 | 345,100 | 385,361 | 347,856 | 335,464 | 382,928 | 349,510 | 331,802 | 321,272 | 315,679 |
| Fixed asset turnover | — | — | — | — | — | — | 6.73 | 7.45 | 7.32 | 7.29 | 6.99 | 6.33 | 5.46 | 5.96 | 6.24 | 5.27 | 5.67 | 6.02 | 5.70 | 6.11 |
March 31, 2025 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $2,947,284K ÷ $—K
= —
The fixed asset turnover ratio measures the efficiency of a company in generating sales revenue from its investment in fixed assets. Universal Corporation's fixed asset turnover has shown some fluctuations over the past few years, ranging from a low of 5.27 in June 2021 to a high of 7.45 in June 2023. This indicates that the company is effectively utilizing its fixed assets to generate sales.
In general, a higher fixed asset turnover ratio is indicative of better asset utilization and efficiency. Universal Corporation's ratio has generally been on an upward trend from June 2021 to March 2023, suggesting improved efficiency in generating sales from its fixed assets during this period.
However, it is worth noting that there are some gaps in the data provided, with missing values for the fixed asset turnover ratio from December 2023 to March 2025. This lack of data makes it challenging to track the trend accurately and evaluate the most recent performance of Universal Corporation in terms of its fixed asset turnover.
Overall, based on the available data, Universal Corporation's fixed asset turnover ratio has demonstrated fluctuations but generally indicates efficient utilization of fixed assets in generating sales revenue.
Peer comparison
Mar 31, 2025