WESCO International Inc (WCC)
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 | 21,818,800 | 21,792,500 | 21,947,500 | 22,213,300 | 22,385,200 | 22,470,290 | 22,271,810 | 22,009,810 | 21,420,090 | 20,713,520 | 19,995,920 | 19,108,210 | 18,217,510 | 17,494,430 | 16,907,910 | 14,398,830 | 12,326,000 | 10,296,610 | 8,302,920 | 8,366,310 |
Property, plant and equipment | US$ in thousands | — | — | — | — | — | 1,107,600 | 411,300 | 402,100 | 402,674 | 372,083 | 370,452 | 376,593 | 379,012 | 369,815 | 894,745 | 910,551 | 399,157 | 105,584 | 952,834 | 183,997 |
Fixed asset turnover | — | — | — | — | — | 20.29 | 54.15 | 54.74 | 53.19 | 55.67 | 53.98 | 50.74 | 48.07 | 47.31 | 18.90 | 15.81 | 30.88 | 97.52 | 8.71 | 45.47 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $21,818,800K ÷ $—K
= —
Fixed asset turnover ratio measures how efficiently a company is generating revenue from its fixed assets. Looking at the historical data provided, we can see that WESCO International Inc's fixed asset turnover ratio fluctuated significantly over the years.
The ratio started at a high of 45.47 in March 2020, indicating that the company was generating $45.47 in sales for every dollar invested in fixed assets. However, this ratio dropped to 8.71 in June 2020, implying a significant decrease in asset utilization efficiency.
Subsequently, the ratio saw a sharp increase to 97.52 in September 2020, suggesting a rapid improvement in asset turnover. The ratio then fluctuated over the next few quarters, with values ranging from 15.81 to 55.67.
The general trend shows that WESCO International Inc has been able to effectively utilize its fixed assets to generate revenue, although there have been fluctuations in the ratio. It is important to monitor this ratio over time to assess the company's operational efficiency and asset utilization.
Peer comparison
Dec 31, 2024