Brinks Company (BCO)
Fixed asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 5,011,900 | 4,993,300 | 4,962,200 | 4,925,300 | 4,874,600 | 4,819,900 | 4,729,200 | 4,646,900 | 4,535,500 | 4,442,800 | 4,381,600 | 4,296,500 | 4,200,200 | 4,123,600 | 4,018,600 | 3,795,800 | 3,690,900 | 3,605,100 | 3,563,000 | 3,651,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 1,304,200 | 990,200 | 953,500 | 935,300 | 844,800 | 850,000 | 870,100 | 1,164,700 | 1,149,000 | 865,100 | 813,600 | 838,200 | 812,100 | 813,600 | 704,100 |
| Fixed asset turnover | — | — | — | — | — | 3.70 | 4.78 | 4.87 | 4.85 | 5.26 | 5.15 | 4.94 | 3.61 | 3.59 | 4.65 | 4.67 | 4.40 | 4.44 | 4.38 | 5.19 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $5,011,900K ÷ $—K
= —
The fixed asset turnover ratio measures a company's efficiency in generating sales revenue from its investment in fixed assets. A higher fixed asset turnover ratio indicates that the company is utilizing its fixed assets more effectively to generate sales.
Analyzing the fixed asset turnover ratio of Brinks Company over the past few years, we observe fluctuations in the ratio. In the beginning of the data period, the ratio was relatively high at around 5.19 in March 2020, indicating efficient utilization of fixed assets to generate sales revenue. However, the ratio dipped to around 3.59 in September 2021, which might suggest a decline in the company's ability to generate sales from its fixed assets effectively.
In the subsequent periods, the fixed asset turnover ratio showed some improvement, reaching around 5.26 in September 2022. This increase signifies an enhanced efficiency in utilizing fixed assets to drive sales revenue. However, the ratio decreased slightly to 4.85 in December 2022 and remained relatively stable around this level in the following quarters.
The data also shows missing values for the fixed asset turnover ratio for the last few periods, implying potential data gaps or changes in reporting practices. It is important for investors and analysts to closely monitor these changes and investigate the reasons behind fluctuations in the fixed asset turnover ratio to assess the company's operational efficiency and profitability.
Peer comparison
Dec 31, 2024