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', TRUG's fixed asset turnover was 61.22, illustrating how efficiently fixed assets are generating revenue. Industry average for Recreational Games/Products/Toys in '2021' stood at 6.13.
• In '2022', TRUG's fixed asset turnover was 32.48, illustrating how efficiently fixed assets are generating revenue. The decline from '2021' may indicate some operational or financial challenges. Industry average for Recreational Games/Products/Toys in '2022' stood at 5.32. Industry average declined by 0.80 from previous year.
• In '2023', TRUG's fixed asset turnover was 19.27, illustrating how efficiently fixed assets are generating revenue. The decline from '2022' may indicate some operational or financial challenges. Industry average for Recreational Games/Products/Toys in '2023' stood at 5.03. Industry average declined by 0.29 from previous year.
• In '2024', TRUG's fixed asset turnover was 21.36, illustrating how efficiently fixed assets are generating revenue. The increase since '2023' reflects strengthening financial performance. Industry average for Recreational Games/Products/Toys in '2024' stood at 5.36. Industry average increased by 0.33 compared to previous year.
Overall, TRUG's fixed asset turnover has been volatile but showed a downward trend over the past 4 years.

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

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