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