Warner Bros Discovery Inc (WBD)
Fixed asset turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 39,321,000 | 41,321,000 | 33,817,000 | 12,191,000 | 10,671,000 |
Property, plant and equipment | US$ in thousands | — | — | 8,490,000 | 1,500,000 | 1,533,000 |
Fixed asset turnover | — | — | 3.98 | 8.13 | 6.96 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $39,321,000K ÷ $—K
= —
Fixed asset turnover is a financial ratio that measures a company's ability to generate revenue from its fixed assets. A higher fixed asset turnover ratio generally indicates that a company is using its fixed assets more efficiently to generate sales.
Based on the data provided for Warner Bros Discovery Inc, we observe fluctuations in the fixed asset turnover ratio over the years. In 2020, the ratio was 6.96, indicating that the company generated $6.96 in revenue for every dollar of fixed assets. This ratio improved in 2021 to 8.13, suggesting increased efficiency in utilizing fixed assets to generate revenue.
However, in 2022, there was a decline in the fixed asset turnover ratio to 3.98, which may indicate a decrease in the company's ability to generate revenue from its fixed assets. The absence of data for 2023 and 2024 makes it challenging to assess the trend further.
Overall, the varying fixed asset turnover ratios for Warner Bros Discovery Inc in the provided years point to fluctuations in the efficiency of utilizing fixed assets to generate revenue. It would be important for stakeholders to monitor this ratio in subsequent years to assess the company's operational efficiency and asset management strategy.
Peer comparison
Dec 31, 2024