Gartner Inc (IT)
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 | 5,994,280 | 5,975,660 | 5,887,990 | 5,754,690 | 5,470,940 | 5,210,450 | 5,032,650 | 4,824,550 | 4,680,250 | 4,501,760 | 4,292,403 | 4,095,451 | 3,995,091 | 4,067,621 | 4,128,212 | 4,231,074 | 4,170,966 | 4,439,036 | 4,360,132 | 4,292,904 |
| Property, plant and equipment | US$ in thousands | 262,718 | 259,890 | 258,601 | 256,863 | 264,581 | 256,176 | 250,315 | 258,364 | 273,562 | 297,020 | 309,222 | 322,610 | 336,765 | 332,891 | 343,563 | 346,579 | 344,579 | 300,612 | 291,280 | 271,448 |
| Fixed asset turnover | 22.82 | 22.99 | 22.77 | 22.40 | 20.68 | 20.34 | 20.11 | 18.67 | 17.11 | 15.16 | 13.88 | 12.69 | 11.86 | 12.22 | 12.02 | 12.21 | 12.10 | 14.77 | 14.97 | 15.81 |
December 31, 2023 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $5,994,280K ÷ $262,718K
= 22.82
Gartner, Inc.'s fixed asset turnover ratio has been consistently high over the past eight quarters, indicating the company's efficiency in generating revenue from its investment in fixed assets. The ratio has shown a positive trend, with values increasing gradually from 18.94 in Q1 2022 to 22.48 in Q4 2023. This suggests that Gartner has been effectively utilizing its fixed assets to drive sales growth and maximize operational performance. The company's ability to generate significant sales relative to its investment in fixed assets signifies strong operational efficiency and effective asset utilization. Overall, the trend of increasing fixed asset turnover ratios reflects positively on Gartner's operational performance and efficiency in managing its asset base.
Peer comparison
Dec 31, 2023