Name: Fixed Asset Turnover

Definition: Fixed asset turnover shows how well the company’s long-term physical assets — factories, equipment, property — are being used to generate sales. A high ratio means the company’s facilities are productive and efficient. A low ratio might signal underused assets or over-investment in equipment that isn’t driving enough sales.

Interpretation:
• In '2021', FER's fixed asset turnover was 13.04, illustrating how efficiently fixed assets are generating revenue. Industry average for Military/Government/Technical in '2021' stood at 4.52.
• In '2022', FER's fixed asset turnover was 12.67, illustrating how efficiently fixed assets are generating revenue. The decline from '2021' may indicate some operational or financial challenges. Industry average for Military/Government/Technical in '2022' stood at 4.78. Industry average increased by 0.26 compared to previous year.
• In '2023', FER's fixed asset turnover was 11.73, illustrating how efficiently fixed assets are generating revenue. The decline from '2022' may indicate some operational or financial challenges. Industry average for Military/Government/Technical in '2023' stood at 4.89. Industry average increased by 0.11 compared to previous year.
• In '2024', FER's fixed asset turnover was 10.16, illustrating how efficiently fixed assets are generating revenue. The decline from '2023' may indicate some operational or financial challenges. Industry average for Military/Government/Technical in '2024' stood at 4.84. Industry average declined by 0.05 from previous year.
Overall, FER's fixed asset turnover has consistently declined during the past 4 years.

Formula: Fixed Asset Turnover = Net Sales / Net Fixed Assets

Good Range: Ranges from 1 to 5 depending on asset intensity.