RXO Inc. (RXO)
Fixed asset turnover
Dec 31, 2023 | Dec 31, 2022 | ||
---|---|---|---|
Revenue | US$ in thousands | 3,926,000 | 4,796,000 |
Property, plant and equipment | US$ in thousands | 124,000 | 119,000 |
Fixed asset turnover | 31.66 | 40.30 |
December 31, 2023 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $3,926,000K ÷ $124,000K
= 31.66
Peer comparison
Dec 31, 2023
Company name
Symbol
Fixed asset turnover
RXO Inc.
RXO
31.66
Booking Holdings Inc
BKNG
27.25
Expedia Group Inc.
EXPE
5.31
GATX Corporation
GATX
0.15
GXO Logistics Inc
GXO
11.50
Verra Mobility Corp
VRRM
0.84
XPO Logistics Inc
XPO
2.52