Fortrea Holdings Inc. (FTRE)
Fixed asset turnover
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | ||
---|---|---|---|---|---|
Revenue (ttm) | US$ in thousands | 2,646,300 | 2,690,400 | 2,756,600 | 2,905,600 |
Property, plant and equipment | US$ in thousands | — | — | — | — |
Fixed asset turnover | — | — | — | — |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $2,646,300K ÷ $—K
= —
Based on the provided data, Fortrea Holdings Inc. has a fixed asset turnover ratio of "—", denoting that the company did not disclose or calculate this ratio for the periods ending March 31, 2024, June 30, 2024, September 30, 2024, and December 31, 2024. The fixed asset turnover ratio indicates how efficiently a company generates revenue from its investment in fixed assets. Without this key ratio information, it is challenging to assess the effectiveness of Fortrea Holdings Inc. in utilizing its fixed assets to generate sales. To gain a better understanding of the company's operational efficiency and asset utilization, additional financial information and calculations would be required.
Peer comparison
Dec 31, 2024