United Parcel Service Inc (UPS)
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 | 90,982,000 | 90,598,000 | 89,414,000 | 89,698,000 | 90,958,000 | 93,074,000 | 96,174,000 | 98,885,000 | 100,338,000 | 101,076,000 | 100,099,000 | 98,757,000 | 97,287,000 | 94,412,000 | 92,466,000 | 89,501,000 | 84,628,000 | 80,300,000 | 77,380,000 | 74,969,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 40,175,000 | 39,720,000 | 39,084,000 | 38,474,000 | 37,042,000 | 36,923,000 | 37,076,000 | 37,037,000 | 36,319,000 | 36,199,000 | 32,455,000 | 32,254,000 | 32,164,000 | 31,439,000 | 30,908,000 |
| Fixed asset turnover | — | — | — | — | — | 2.32 | 2.42 | 2.53 | 2.61 | 2.73 | 2.71 | 2.66 | 2.63 | 2.60 | 2.55 | 2.76 | 2.62 | 2.50 | 2.46 | 2.43 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $90,982,000K ÷ $—K
= —
The fixed asset turnover ratio for United Parcel Service Inc has shown a generally increasing trend over the past few years, indicating improved efficiency in generating revenue from its fixed assets. The ratio ranged from 2.43 in March 2020 to 2.73 in September 2022.
Starting from December 31, 2022, the ratio experienced a slight decline, reaching 2.42 by June 30, 2023. This decrease may indicate a dip in the company's ability to generate sales from its fixed assets. Further, by September 30, 2023, the ratio fell to 2.32, indicating a potential need for UPS to optimize its fixed asset utilization.
As of December 31, 2023, there was no data available for the fixed asset turnover ratio. It is essential for investors and stakeholders to monitor this ratio going forward to assess UPS's efficiency in utilizing its fixed assets for revenue generation and to evaluate any potential impact on its overall operational performance.
See also:
United Parcel Service Inc Net Fixed Asset Turnover (Quarterly Data)