I was comparing fixed asset turnover across the structural steel pipe industry and i got a interesting data set
the JTL has the smallest asset base and the highest fixed asset turnover but given there revenue of 1547 crores the closest player Hi tech pipe has an asset base of 226 crores and even hari om pipe with sales of 644 crores has an asset base of 135 crores so how they are able to achieve fixed asset turnover of 24x while other players are able to generate only 4-8x of fixed asset turnover
if anybody has possible reason for it or have visited there plant and knows the answer pls reply as it would be of great help.
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