Wyndham Hotels & Resorts Inc (WH)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,408,000 | 1,397,000 | 1,498,000 | 1,565,000 | 1,300,000 |
| Property, plant and equipment | US$ in thousands | 94,000 | 88,000 | 99,000 | 106,000 | 278,000 |
| Fixed asset turnover | 14.98 | 15.88 | 15.13 | 14.76 | 4.68 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $1,408,000K ÷ $94,000K
= 14.98
Wyndham Hotels & Resorts Inc's fixed asset turnover has shown a significant improvement over the years, demonstrating the company's efficiency in generating revenue from its investment in fixed assets. The ratio has increased from 4.68 in December 2020 to 14.98 in December 2024. This indicates that for each dollar invested in fixed assets, the company generated $14.98 in revenue in 2024, reflecting a strong utilization of its fixed asset base. The consistent upward trend suggests effective management of fixed assets and enhanced operational efficiency within the organization. Overall, the increasing fixed asset turnover ratio reflects positively on Wyndham Hotels & Resorts Inc's performance in utilizing its fixed assets to drive revenue growth.
Peer comparison
Dec 31, 2024