Choice Hotels International Inc (CHH)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,584,840 | 1,544,160 | 1,401,950 | 1,069,300 | 774,072 |
| Property, plant and equipment | US$ in thousands | — | — | 427,306 | 411,550 | 334,901 |
| Fixed asset turnover | — | — | 3.28 | 2.60 | 2.31 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $1,584,840K ÷ $—K
= —
Choice Hotels International Inc's fixed asset turnover has exhibited a positive trend over the years, increasing from 2.31 in December 31, 2020, to 3.28 in December 31, 2022. This indicates that the company is generating more revenue relative to its fixed assets. However, the absence of data for December 31, 2023, and December 31, 2024, limits a complete analysis of the trend's continuation. Overall, the improving fixed asset turnover suggests that Choice Hotels International Inc has been effectively utilizing its fixed assets to generate sales and optimize operational efficiency.
Peer comparison
Dec 31, 2024