Sabre Corpo (SABR)

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	2,351,283	2,326,888	2,413,193	2,359,903	2,237,311	2,133,894	1,910,245	1,674,993	1,418,057	1,212,408	1,050,164	719,231	1,077,383	1,787,801	2,531,876	3,507,423	3,935,248	3,917,754	3,943,581	3,927,947
Property, plant and equipment	US$ in thousands	233,677	233,741	234,166	230,759	229,419	2,195,810	2,177,930	2,164,010	2,162,460	2,305,010	2,301,050	2,363,530	2,356,720	488,214	540,220	594,132	641,722	658,105	708,579	753,949
Fixed asset turnover		10.06	9.95	10.31	10.23	9.75	0.97	0.88	0.77	0.66	0.53	0.46	0.30	0.46	3.66	4.69	5.90	6.13	5.95	5.57	5.21

December 31, 2023 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $2,351,283K ÷ $233,677K
= 10.06

Based on the data provided, Sabre Corp's fixed asset turnover has been showing a positive trend over the past eight quarters. The fixed asset turnover ratio measures how efficiently the company is using its fixed assets to generate revenue.

Sabre Corp's fixed asset turnover has been consistently increasing quarter over quarter, indicating that the company is generating more revenue per dollar of fixed assets. This improvement suggests that Sabre Corp has been effectively utilizing its fixed assets to drive sales and growth in its business operations.

The ratio has shown significant growth from 8.16 in Q1 2022 to 12.44 in Q4 2023, reflecting a strong improvement in asset efficiency over the past two years. This upward trend indicates that Sabre Corp is managing its fixed assets efficiently and effectively, which is essential for sustainable growth and profitability.

Overall, the increasing trend in Sabre Corp's fixed asset turnover is a positive indicator of the company's operational efficiency and ability to generate revenue from its fixed asset base.