Lumen Technologies Inc (LUMN)
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 | 13,108,000 | 13,296,000 | 13,716,000 | 14,109,000 | 14,557,000 | 14,840,000 | 15,589,000 | 16,540,000 | 17,478,000 | 18,525,000 | 19,022,000 | 19,334,000 | 19,687,000 | 19,965,000 | 20,245,000 | 20,513,000 | 20,712,000 | 21,157,000 | 21,596,000 | 21,982,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 19,606,000 | 19,432,000 | 19,321,000 | 19,166,000 | 20,713,000 | 20,720,000 | 20,829,000 | 20,895,000 | 20,926,000 | 25,993,000 | 26,091,000 | 26,338,000 | 26,290,000 | 26,079,000 | 25,956,000 |
| Fixed asset turnover | — | — | — | — | — | 0.76 | 0.80 | 0.86 | 0.91 | 0.89 | 0.92 | 0.93 | 0.94 | 0.95 | 0.78 | 0.79 | 0.79 | 0.80 | 0.83 | 0.85 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $13,108,000K ÷ $—K
= —
The fixed asset turnover ratio measures the efficiency with which a company generates revenue from its investment in fixed assets. For Lumen Technologies Inc, the fixed asset turnover has shown a decreasing trend over the past few periods, declining from 0.85 as of March 31, 2020, to 0.76 as of September 30, 2023.
A decreasing fixed asset turnover ratio may suggest that the company is not efficiently utilizing its fixed assets to generate sales. This could be attributed to various reasons such as underutilization of assets, inefficient asset management, or a slowdown in revenue growth compared to its investment in fixed assets.
However, it is important to note that the fixed asset turnover ratio alone may not provide a complete picture of the company's operational efficiency. It should be assessed in conjunction with other financial ratios and qualitative factors to gain a comprehensive understanding of Lumen Technologies Inc's performance and operational effectiveness in utilizing its fixed assets.
Peer comparison
Dec 31, 2024