Wyndham Hotels & Resorts Inc (WH)
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 | 1,398,000 | 1,397,000 | 1,408,000 | 1,437,000 | 1,497,000 | 1,584,000 | 1,639,000 | 1,641,000 | 1,565,000 | 1,461,000 | 1,328,000 | 1,192,000 | 1,302,000 | 1,491,000 | 1,718,000 | 1,995,000 | 2,054,000 | 1,988,000 | 2,033,000 | 1,951,000 |
| Property, plant and equipment | US$ in thousands | 88,000 | 91,000 | 94,000 | 96,000 | 99,000 | 102,000 | 103,000 | 106,000 | 106,000 | 259,000 | 267,000 | 268,000 | 278,000 | 284,000 | 294,000 | 299,000 | 307,000 | 310,000 | 316,000 | 317,000 |
| Fixed asset turnover | 15.89 | 15.35 | 14.98 | 14.97 | 15.12 | 15.53 | 15.91 | 15.48 | 14.76 | 5.64 | 4.97 | 4.45 | 4.68 | 5.25 | 5.84 | 6.67 | 6.69 | 6.41 | 6.43 | 6.15 |
December 31, 2023 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $1,398,000K ÷ $88,000K
= 15.89
Fixed asset turnover is a financial ratio that measures how effectively a company utilizes its fixed assets to generate revenue. Wyndham Hotels & Resorts Inc has shown consistent high fixed asset turnover over the past 8 quarters, ranging between 15.00 and 15.88. This indicates that Wyndham Hotels is efficient in generating revenue from its fixed assets, as it generates approximately $15 of revenue for every $1 invested in fixed assets. The stable and high fixed asset turnover ratio suggests that Wyndham Hotels & Resorts Inc is effectively managing and utilizing its property, plant, and equipment to drive revenue growth and profitability.
Peer comparison
Dec 31, 2023