Genpact Limited (G)
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 | 4,476,880 | 4,433,170 | 4,408,420 | 4,392,050 | 4,371,170 | 4,340,910 | 4,245,610 | 4,144,586 | 4,022,217 | 3,900,505 | 3,820,288 | 3,732,256 | 3,709,377 | 3,699,548 | 3,652,824 | 3,634,529 | 3,520,543 | 3,415,143 | 3,274,322 | 3,121,084 |
Property, plant and equipment | US$ in thousands | 189,803 | 179,678 | 179,803 | 179,255 | 180,758 | 180,379 | 189,070 | 202,707 | 215,089 | 207,920 | 205,361 | 218,173 | 231,122 | 237,473 | 233,758 | 245,800 | 254,035 | 216,385 | 211,244 | 206,820 |
Fixed asset turnover | 23.59 | 24.67 | 24.52 | 24.50 | 24.18 | 24.07 | 22.46 | 20.45 | 18.70 | 18.76 | 18.60 | 17.11 | 16.05 | 15.58 | 15.63 | 14.79 | 13.86 | 15.78 | 15.50 | 15.09 |
December 31, 2023 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $4,476,880K ÷ $189,803K
= 23.59
Genpact Ltd's fixed asset turnover has shown a generally increasing trend over the past eight quarters, ranging from 20.45 in Q1 2022 to 24.67 in Q3 2023. This ratio indicates that Genpact is effectively utilizing its fixed assets to generate revenue. A higher fixed asset turnover ratio suggests that the company is efficient in generating sales from its investment in fixed assets. Overall, the consistent and increasing trend in fixed asset turnover is a positive sign of operational efficiency and effective asset utilization within Genpact Ltd.
Peer comparison
Dec 31, 2023
Company name
Symbol
Fixed asset turnover
Genpact Limited
G
23.59
Exponent Inc
EXPO
7.13
FTI Consulting Inc
FCN
21.85