Bristow Group Inc (VTOL)
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 | 1,415,491 | 1,399,899 | 1,372,867 | 1,332,501 | 1,297,429 | 1,273,057 | 1,242,237 | 1,224,591 | 1,209,968 | 1,192,025 | 1,186,339 | 1,185,204 | 1,191,137 | 1,205,415 | 1,208,471 | 1,178,062 | 941,786 | 155,259 | 168,839 | 231,822 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 1,164,460 | — | — | 1,156,230 | 1,096,320 | 900,756 | 1,136,110 | 1,166,420 | 1,173,480 | 1,201,630 | 1,251,230 | 1,295,280 | 1,310,690 | 1,357,160 | 1,182,720 |
| Fixed asset turnover | — | — | — | — | — | 1.09 | — | — | 1.05 | 1.09 | 1.32 | 1.04 | 1.02 | 1.03 | 1.01 | 0.94 | 0.73 | 0.12 | 0.12 | 0.20 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $1,415,491K ÷ $—K
= —
The fixed asset turnover ratio of Bristow Group Inc has shown a fluctuating trend over the past few years. In the March 2020 quarter, the ratio was 0.20, indicating that the company generated $0.20 in revenue for every dollar invested in fixed assets.
From March 2020 to December 2021, the fixed asset turnover ratio remained relatively low, hovering around 0.12 to 0.94. However, starting from June 2021, there was a significant increase in the ratio, reaching a peak of 1.32 in June 2022. This suggests that the company became more efficient in utilizing its fixed assets to generate revenue during this period.
In the subsequent quarters, the fixed asset turnover ratio stabilized around 1.02 to 1.09, indicating a continued efficiency in asset utilization. However, the ratio dropped to 0 in the March 2023 quarter and remained stagnant at 0 until the end of 2024.
Overall, the fluctuating trend in Bristow Group Inc's fixed asset turnover ratio indicates varying levels of efficiency in generating revenue from its fixed assets over the analyzed period. It is essential for the company to maintain or improve this ratio to ensure optimal utilization of its fixed assets for revenue generation in the future.