West Fixed Asset Turnover from 2010 to 2024

WST Stock  USD 319.79  3.20  1.01%   
West Pharmaceutical Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 1.58 in 2024. From the period from 2010 to 2024, West Pharmaceutical Fixed Asset Turnover quarterly data regression had r-value of  0.16 and coefficient of variation of  10.24. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
1.95028099
Current Value
1.58
Quarterly Volatility
0.20545411
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check West Pharmaceutical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among West Pharmaceutical's main balance sheet or income statement drivers, such as Depreciation And Amortization of 144.2 M, Total Revenue of 3.1 B or Gross Profit of 1.2 B, as well as many indicators such as Price To Sales Ratio of 9.31, Dividend Yield of 0.0021 or PTB Ratio of 9.54. West financial statements analysis is a perfect complement when working with West Pharmaceutical Valuation or Volatility modules.
  
Check out the analysis of West Pharmaceutical Correlation against competitors.

Latest West Pharmaceutical's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of West Pharmaceutical Services over the last few years. It is West Pharmaceutical's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in West Pharmaceutical's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Pretty Stable
   Fixed Asset Turnover   
       Timeline  

West Fixed Asset Turnover Regression Statistics

Arithmetic Mean2.01
Geometric Mean2.00
Coefficient Of Variation10.24
Mean Deviation0.13
Median1.95
Standard Deviation0.21
Sample Variance0.04
Range0.933
R-Value0.16
Mean Square Error0.04
R-Squared0.02
Significance0.57
Slope0.01
Total Sum of Squares0.59

West Fixed Asset Turnover History

2024 1.58
2022 2.29
2021 2.51
2020 2.12
2019 2.02
2018 2.09
2017 1.87

About West Pharmaceutical Financial Statements

West Pharmaceutical shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although West Pharmaceutical investors may analyze each financial statement separately, they are all interrelated. The changes in West Pharmaceutical's assets and liabilities, for example, are also reflected in the revenues and expenses on on West Pharmaceutical's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 1.95  1.58 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for West Stock Analysis

When running West Pharmaceutical's price analysis, check to measure West Pharmaceutical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy West Pharmaceutical is operating at the current time. Most of West Pharmaceutical's value examination focuses on studying past and present price action to predict the probability of West Pharmaceutical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move West Pharmaceutical's price. Additionally, you may evaluate how the addition of West Pharmaceutical to your portfolios can decrease your overall portfolio volatility.