Vistra Energy Corp (VST)
Fixed asset turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 14,779,000 | 13,728,000 | 12,077,000 | 11,443,000 | 11,809,000 |
| Property, plant and equipment | US$ in thousands | 12,432,000 | 12,554,000 | 13,056,000 | 13,499,000 | 13,914,000 |
| Fixed asset turnover | 1.19 | 1.09 | 0.93 | 0.85 | 0.85 |
December 31, 2023 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $14,779,000K ÷ $12,432,000K
= 1.19
The fixed asset turnover of Vistra Corp has shown a positive trend over the past five years, starting at 0.85 in 2019 and gradually increasing to 1.19 in 2023. This indicates that the company's ability to generate revenue from its fixed assets has been improving over time. The increasing trend suggests that Vistra Corp has been more efficient in utilizing its fixed assets to generate sales, reflecting potential operational improvements or better asset management strategies. Overall, the trend in fixed asset turnover indicates positive performance and efficiency in utilizing fixed assets to drive revenue growth.
Peer comparison
Dec 31, 2023