One Gas Inc (OGS)

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 2,083,558 2,058,772 2,054,190 2,098,167 2,371,987 2,584,278 2,607,825 2,638,686 2,578,005 2,353,532 2,268,092 2,154,763 1,808,597 1,699,035 1,669,752 1,627,393 1,530,268 1,498,702 1,502,625 1,519,898
Property, plant and equipment US$ in thousands — — — — — 5,985,680 5,856,630 5,730,840 5,628,840 5,475,520 5,357,030 5,263,610 5,190,840 5,078,110 7,023,340 4,910,660 4,867,060 4,779,830 4,707,720 4,634,890
Fixed asset turnover — — — — — 0.43 0.45 0.46 0.46 0.43 0.42 0.41 0.35 0.33 0.24 0.33 0.31 0.31 0.32 0.33

December 31, 2024 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $2,083,558K ÷ $—K
= —

One Gas Inc's fixed asset turnover ratio has shown some fluctuations over the past few years based on the provided data. The fixed asset turnover ratio measures how efficiently the company is utilizing its fixed assets to generate revenue. A higher ratio indicates better utilization of fixed assets.

From the data provided:
- The fixed asset turnover ratio ranged from 0.31 to 0.46 over the reported periods.
- The ratio peaked at 0.46 in December 31, 2022, suggesting that the company was able to generate more revenue relative to its fixed assets during that period.
- The ratio then slightly decreased to 0.45 in June 30, 2023, indicating a slight decline in efficiency in utilizing fixed assets.
- For the most recent periods (after December 31, 2023), the data is unavailable (represented as "—"), making it difficult to provide further analysis beyond that date.

Overall, the trend in the fixed asset turnover ratio for One Gas Inc shows some variability, but it's essential to monitor future periods to assess if the company can consistently maintain or improve its efficiency in utilizing fixed assets to generate revenue.