Charter Communications Inc (CHTR)

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	55,085,000	54,870,000	54,659,000	54,633,000	54,607,000	54,570,000	54,536,000	54,475,000	54,022,000	53,560,000	53,156,000	52,360,000	51,682,000	51,094,000	49,987,000	48,881,000	48,097,000	47,234,000	46,645,000	46,296,000
Property, plant and equipment	US$ in thousands	42,913,000	41,846,000	41,256,000	40,349,000	39,520,000	38,617,000	37,546,000	36,602,000	36,039,000	35,005,000	34,472,000	34,173,000	34,310,000	34,179,000	34,206,000	34,184,000	34,357,000	34,196,000	34,074,000	34,096,000
Fixed asset turnover		1.28	1.31	1.32	1.35	1.38	1.41	1.45	1.49	1.50	1.53	1.54	1.53	1.51	1.49	1.46	1.43	1.40	1.38	1.37	1.36

December 31, 2024 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $55,085,000K ÷ $42,913,000K
= 1.28

Charter Communications Inc's fixed asset turnover has shown a generally increasing trend over the past few years, indicating a more efficient utilization of its fixed assets to generate sales. The ratio has improved from 1.36 as of March 31, 2020, to 1.28 as of December 31, 2024. This suggests that the company has been able to generate more revenue per dollar invested in fixed assets over this period.

However, there was a slight decrease in the fixed asset turnover ratio from March 31, 2023, to June 30, 2024, followed by a more significant decrease in the ratio from September 30, 2024, to December 31, 2024. This could indicate a potential decrease in efficiency in utilizing fixed assets to generate sales during these periods.

Overall, while the ratio fluctuated over the years, the general increasing trend suggests that Charter Communications Inc has been improving its operational efficiency in terms of leveraging its fixed assets to drive revenue generation.