WESCO International Inc (WCC)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 21,818,800 | 22,385,200 | 21,420,100 | 18,217,500 | 12,326,000 |
| Property, plant and equipment | US$ in thousands | — | — | 402,674 | 379,012 | 399,157 |
| Fixed asset turnover | — | — | 53.19 | 48.07 | 30.88 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $21,818,800K ÷ $—K
= —
The fixed asset turnover ratio for WESCO International Inc has exhibited a consistently increasing trend over the years, reflecting an efficient utilization of its fixed assets to generate sales. The ratio has shown notable improvement from 30.88 in December 2020 to 53.19 in December 2022. This signifies that for each dollar invested in fixed assets, the company generated $53.19 in revenue by the end of 2022. However, the absence of data for December 2023 and December 2024 limits a complete analysis of the trend in recent years. Overall, the increasing trend in fixed asset turnover indicates an effective management of fixed assets in generating sales for WESCO International Inc.
Peer comparison
Dec 31, 2024