Clear Secure Inc (YOU)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 770,488 | 613,579 | 437,434 | 253,953 | 230,796 |
| Property, plant and equipment | US$ in thousands | — | — | 57,924 | 44,522 | 35,241 |
| Fixed asset turnover | — | — | 7.55 | 5.70 | 6.55 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $770,488K ÷ $—K
= —
Clear Secure Inc's fixed asset turnover ratio has been relatively stable and efficient over the past few years. In 2020, the company achieved a fixed asset turnover of 6.55, indicating that for every dollar invested in fixed assets, the company generated $6.55 in sales revenue.
In 2021, the fixed asset turnover slightly decreased to 5.70, suggesting a minor decline in the company's efficiency in utilizing its fixed assets to generate revenue. However, in 2022, the ratio improved significantly to 7.55, reflecting a more effective management of fixed assets to drive sales.
Unfortunately, the data for 2023 and 2024 is unavailable (denoted by "\u2014"), making it difficult to assess the company's fixed asset turnover performance for those years. It would be crucial for Clear Secure Inc to provide updated financial information to further evaluate its operational efficiency and asset utilization.
Peer comparison
Dec 31, 2024