Williams Companies Inc (WMB)
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 | 10,503,000 | 10,544,000 | 10,450,000 | 10,597,000 | 10,907,000 | 11,053,000 | 11,515,000 | 11,522,000 | 10,965,000 | 11,292,000 | 10,746,000 | 10,539,000 | 10,627,000 | 9,462,000 | 8,920,000 | 8,418,000 | 7,719,000 | 7,734,000 | 7,800,000 | 8,060,000 |
| Property, plant and equipment | US$ in thousands | 38,692,000 | 37,974,000 | 36,702,000 | 36,451,000 | 34,311,000 | 32,628,000 | 32,346,000 | 32,095,000 | 30,889,000 | 30,338,000 | 29,660,000 | 29,186,000 | 29,258,000 | 29,314,000 | 29,299,000 | 29,076,000 | 28,929,000 | 29,107,000 | 29,137,000 | 29,141,000 |
| Fixed asset turnover | 0.27 | 0.28 | 0.28 | 0.29 | 0.32 | 0.34 | 0.36 | 0.36 | 0.35 | 0.37 | 0.36 | 0.36 | 0.36 | 0.32 | 0.30 | 0.29 | 0.27 | 0.27 | 0.27 | 0.28 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $10,503,000K ÷ $38,692,000K
= 0.27
The fixed asset turnover ratio for Williams Companies Inc has shown some fluctuations over the period from March 31, 2020, to December 31, 2024. The ratio started at 0.28 in March 31, 2020, and experienced a slight decrease to 0.27 by June 30, 2020. Subsequently, there was stability with the ratio remaining at 0.27 until December 31, 2020.
From March 31, 2021, there was a slight increase in the fixed asset turnover ratio to 0.29, followed by a gradual upward trend over the next few quarters. The ratio increased to 0.30 in June 30, 2021, further rose to 0.32 in September 30, 2021, and reached its peak at 0.37 in September 30, 2022.
However, after reaching its peak, the fixed asset turnover ratio started to decline, dropping to 0.32 by December 31, 2022, and further decreasing to 0.29 by March 31, 2024. The ratio continued on a declining trend, showing a value of 0.27 by December 31, 2024.
Overall, the trend in the fixed asset turnover ratio for Williams Companies Inc suggests some variability in the company's efficiency in generating sales from its fixed assets. It is important for the company to closely monitor and manage its fixed asset turnover to ensure optimal utilization of resources and to enhance operational efficiency.
Peer comparison
Dec 31, 2024