T-Mobile US Inc (TMUS)
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 | 80,753,000 | 79,391,000 | 78,415,000 | 77,825,000 | 77,918,000 | 77,735,000 | 77,992,000 | 78,482,000 | 78,966,000 | 78,661,000 | 77,903,000 | 77,244,000 | 76,018,000 | 76,693,000 | 76,235,000 | 73,752,000 | 65,682,000 | 57,219,000 | 49,869,000 | 44,117,000 |
| Property, plant and equipment | US$ in thousands | 38,533,000 | 37,603,000 | 38,222,000 | 39,286,000 | 40,432,000 | 41,080,000 | 41,804,000 | 42,053,000 | 42,086,000 | 41,034,000 | 40,245,000 | 40,006,000 | 39,803,000 | 39,355,000 | 39,752,000 | 40,549,000 | 41,175,000 | 38,567,000 | 38,801,000 | 22,149,000 |
| Fixed asset turnover | 2.10 | 2.11 | 2.05 | 1.98 | 1.93 | 1.89 | 1.87 | 1.87 | 1.88 | 1.92 | 1.94 | 1.93 | 1.91 | 1.95 | 1.92 | 1.82 | 1.60 | 1.48 | 1.29 | 1.99 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $80,753,000K ÷ $38,533,000K
= 2.10
Fixed asset turnover is a financial ratio that measures a company's ability to generate revenue from its fixed assets. It indicates how efficiently a company is utilizing its fixed assets to generate sales.
Analyzing the fixed asset turnover trend of T-Mobile US Inc from March 31, 2020 to December 31, 2024, we observe fluctuations in the ratio. The fixed asset turnover ratio increased from 1.99 in March 2020 to a peak of 2.11 in September 2024. This upward trend suggests that T-Mobile US Inc was able to generate more revenue relative to its fixed assets during this period.
However, there were periods of slight decreases in the fixed asset turnover ratio, such as the decline from 1.82 in March 2021 to 1.60 in December 2021. Despite these fluctuations, the ratio generally remained above 1, indicating that T-Mobile US Inc effectively utilized its fixed assets to generate sales throughout the period.
Overall, the increasing trend in fixed asset turnover ratio reflects positively on T-Mobile US Inc's operational efficiency in generating revenue from its fixed assets. However, it is important to continue monitoring this ratio to ensure continued optimization of asset utilization.