Wex Fixed Asset Turnover from 2010 to 2024

WEX Stock  USD 189.80  3.86  2.08%   
Wex Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 6.25 in 2024. During the period from 2010 to 2024, Wex Fixed Asset Turnover regression line of annual values had r-squared of  0.04 and arithmetic mean of  8.14. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
8.3623236
Current Value
6.25
Quarterly Volatility
1.93100831
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Wex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wex's main balance sheet or income statement drivers, such as Depreciation And Amortization of 290 M, Interest Expense of 165 M or Selling General Administrative of 761.3 M, as well as many indicators such as Price To Sales Ratio of 4.66, Dividend Yield of 0.33 or PTB Ratio of 4.55. Wex financial statements analysis is a perfect complement when working with Wex Valuation or Volatility modules.
  
Check out the analysis of Wex Correlation against competitors.

Latest Wex's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Wex Inc over the last few years. It is Wex's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Wex's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Pretty Stable
   Fixed Asset Turnover   
       Timeline  

Wex Fixed Asset Turnover Regression Statistics

Arithmetic Mean8.14
Geometric Mean7.91
Coefficient Of Variation23.73
Mean Deviation1.44
Median8.11
Standard Deviation1.93
Sample Variance3.73
Range7.2804
R-Value0.21
Mean Square Error3.84
R-Squared0.04
Significance0.46
Slope0.09
Total Sum of Squares52.20

Wex Fixed Asset Turnover History

2024 6.25
2023 8.36
2022 11.62
2021 10.31
2020 8.28
2019 8.11
2018 7.95

About Wex Financial Statements

Wex investors use historical fundamental indicators, such as Wex's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Wex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 8.36  6.25 

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Additional Tools for Wex Stock Analysis

When running Wex's price analysis, check to measure Wex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wex is operating at the current time. Most of Wex's value examination focuses on studying past and present price action to predict the probability of Wex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wex's price. Additionally, you may evaluate how the addition of Wex to your portfolios can decrease your overall portfolio volatility.