John Wiley & Sons (WLY)

Fixed asset turnover

Apr 30, 2024 Jan 31, 2024 Oct 31, 2023 Jul 31, 2023 Apr 30, 2023 Jan 31, 2023 Oct 31, 2022 Jul 31, 2022 Apr 30, 2022 Jan 31, 2022 Oct 31, 2021 Jul 31, 2021 Apr 30, 2021 Jan 31, 2021 Oct 31, 2020 Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019
Revenue (ttm) US$ in thousands 1,870,875 1,880,476 1,912,840 1,941,262 1,983,621 2,006,127 2,035,954 2,056,436 2,059,934 2,057,348 2,023,032 1,986,015 1,928,696 1,867,096 1,850,376 1,817,323 1,811,151 1,827,651 1,809,890 1,798,284
Property, plant and equipment US$ in thousands 192,438 208,339 222,504 223,534 247,149 248,298 249,922 258,454 271,572 271,984 271,774 273,306 282,270 284,638 290,071 295,457 298,005 297,073 294,761 292,535
Fixed asset turnover 9.72 9.03 8.60 8.68 8.03 8.08 8.15 7.96 7.59 7.56 7.44 7.27 6.83 6.56 6.38 6.15 6.08 6.15 6.14 6.15

April 30, 2024 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $1,870,875K ÷ $192,438K
= 9.72

The fixed asset turnover ratio for John Wiley & Sons has been relatively stable over the past several quarters, ranging from 6.15 to 9.72. This ratio measures how efficiently the company is generating revenue from its investment in fixed assets. A higher ratio indicates that the company is generating more sales per dollar invested in fixed assets.

Overall, John Wiley & Sons has shown a consistent ability to efficiently utilize its fixed assets to generate revenue, with the ratio generally staying above 6. This suggests that the company is effectively managing its fixed assets to support its revenue-generating activities. However, it is worth noting that there has been some fluctuation in the ratio over time, indicating potential changes in the company's operational efficiency or asset base.

Further analysis and comparison with industry benchmarks or historical trends could provide additional insights into the company's performance and efficiency in managing its fixed assets.


Peer comparison

Apr 30, 2024

Company name
Symbol
Fixed asset turnover
John Wiley & Sons
WLY
9.72
Scholastic Corporation
SCHL
3.20