WESCO International Inc (WCC)
Fixed asset turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 22,385,200 | 22,470,320 | 22,271,820 | 22,009,820 | 21,420,120 | 20,722,450 | 20,004,870 | 19,117,160 | 18,226,440 | 17,494,430 | 16,907,910 | 14,398,830 | 12,326,000 | 10,296,610 | 8,302,920 | 8,366,300 | 8,358,920 | 8,270,920 | 8,190,050 | 8,143,950 |
| Property, plant and equipment | US$ in thousands | 423,600 | 411,100 | 411,300 | 402,100 | 402,700 | 372,083 | 370,452 | 376,593 | 379,012 | 369,815 | 384,232 | 391,240 | 399,157 | 400,222 | 403,072 | 183,997 | 181,448 | 174,459 | 172,359 | 166,688 |
| Fixed asset turnover | 52.85 | 54.66 | 54.15 | 54.74 | 53.19 | 55.69 | 54.00 | 50.76 | 48.09 | 47.31 | 44.00 | 36.80 | 30.88 | 25.73 | 20.60 | 45.47 | 46.07 | 47.41 | 47.52 | 48.86 |
December 31, 2023 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $22,385,200K ÷ $423,600K
= 52.85
Wesco International, Inc.'s fixed asset turnover has been relatively stable over the past eight quarters, ranging from 50.74 to 55.67. This indicates that the company generates approximately $51 to $56 in sales revenue for every dollar invested in fixed assets. The high fixed asset turnover ratios suggest efficient utilization of fixed assets to generate sales. This efficiency can be attributed to effective asset management or a high volume of sales relative to fixed asset value. Overall, Wesco International, Inc. appears to be effectively leveraging its fixed assets to drive revenue generation.
Peer comparison
Dec 31, 2023