AMC Networks Inc (AMCX)
Fixed asset turnover
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,575,026 | 2,844,244 | 2,894,882 | 2,962,429 | 2,964,512 | 2,813,452 | 2,945,170 | 2,979,098 | 2,947,394 | 2,951,884 | 2,793,128 | 2,665,145 | 2,702,925 | 2,707,854 | 2,771,369 | 2,896,296 | 2,963,567 | 2,951,209 | 2,958,067 | 2,949,487 |
| Property, plant and equipment | US$ in thousands | 159,237 | 172,897 | 186,482 | 195,817 | 202,034 | 204,689 | 213,940 | 221,294 | 225,791 | 218,699 | 221,555 | 224,725 | 256,045 | 255,729 | 259,783 | 289,519 | 283,752 | 269,287 | 264,616 | 251,841 |
| Fixed asset turnover | 16.17 | 16.45 | 15.52 | 15.13 | 14.67 | 13.75 | 13.77 | 13.46 | 13.05 | 13.50 | 12.61 | 11.86 | 10.56 | 10.59 | 10.67 | 10.00 | 10.44 | 10.96 | 11.18 | 11.71 |
December 31, 2023 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $2,575,026K ÷ $159,237K
= 16.17
The fixed asset turnover ratio for AMC Networks Inc has been consistently high, ranging from 14.00 to 17.34 over the past eight quarters. This indicates that the company is generating a significant amount of revenue relative to its investment in fixed assets. A high fixed asset turnover ratio is generally seen as positive, as it suggests that the company is efficiently utilizing its fixed assets to generate sales. The increasing trend in the ratio over the quarters shows an improvement in the company's efficiency in generating revenue from its fixed assets. Overall, AMC Networks Inc's strong fixed asset turnover ratio reflects efficient management of its fixed assets to drive revenue growth.
Peer comparison
Dec 31, 2023