Telephone and Data Systems Inc (TDS)
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 | 4,964,000 | 5,036,000 | 5,090,000 | 5,119,000 | 5,160,000 | 5,205,000 | 5,319,000 | 5,401,000 | 5,413,000 | 5,428,000 | 5,364,000 | 5,326,000 | 5,329,000 | 5,333,000 | 5,329,000 | 5,281,000 | 5,224,000 | 5,184,000 | 5,181,000 | 5,179,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 5,986,000 | 4,932,000 | 4,872,000 | 4,760,000 | 4,647,000 | 4,553,000 | 4,385,000 | 4,361,000 | 4,108,000 | 4,993,000 | 3,952,000 | 3,972,000 | 3,746,000 | 3,615,000 | 3,595,000 |
| Fixed asset turnover | — | — | — | — | — | 0.87 | 1.08 | 1.11 | 1.14 | 1.17 | 1.18 | 1.21 | 1.22 | 1.30 | 1.07 | 1.34 | 1.32 | 1.38 | 1.43 | 1.44 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $4,964,000K ÷ $—K
= —
The fixed asset turnover ratio for Telephone and Data Systems Inc has shown a gradual decline over the years, starting at 1.44 in March 2020 and reaching its lowest point at 0.87 in September 2023. This suggests that the company's efficiency in utilizing its fixed assets to generate revenue has decreased over time.
While there was a slight improvement in the fixed asset turnover ratio in the subsequent periods, it remained relatively low compared to earlier years. The ratio fluctuated between 1.18 and 1.30 from June 2022 to September 2022, showing some instability in asset utilization during this period.
However, from December 2022 onwards, the fixed asset turnover ratio declined again, reaching 1.14 in December 2022 and eventually dropping to "—", indicating missing data for the years beyond 2023. This declining trend suggests potential challenges in effectively utilizing the company's fixed assets to generate revenue in the later years.
Overall, the declining trend in the fixed asset turnover ratio for Telephone and Data Systems Inc raises concerns about the company's ability to efficiently generate revenue from its fixed assets over time. It may be essential for the company to assess and potentially improve its asset management strategies to enhance operational efficiency and profitability in the future.
Peer comparison
Dec 31, 2024