Analysis of Long-term (Investment) Activity Ratios
Quarterly Data
Activity ratios measure how efficiently a company performs day-to-day tasks, such us the collection of receivables and management of inventory.
Long-term Activity Ratios (Summary)
Boeing Co., long-term (investment) activity ratios (quarterly data)
Based on: 10-K (filing date: 2021-02-01), 10-Q (filing date: 2020-10-28), 10-Q (filing date: 2020-07-29), 10-Q (filing date: 2020-04-29), 10-K (filing date: 2020-01-31), 10-Q (filing date: 2019-10-23), 10-Q (filing date: 2019-07-24), 10-Q (filing date: 2019-04-24), 10-K (filing date: 2019-02-08), 10-Q (filing date: 2018-10-24), 10-Q (filing date: 2018-07-25), 10-Q (filing date: 2018-04-25), 10-K (filing date: 2018-02-12), 10-Q (filing date: 2017-10-25), 10-Q (filing date: 2017-07-26), 10-Q (filing date: 2017-04-26), 10-K (filing date: 2017-02-08), 10-Q (filing date: 2016-10-26), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-27).
Long-term activity ratio | Description | The company |
---|---|---|
Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | Boeing Co.’s net fixed asset turnover ratio deteriorated from Q2 2020 to Q3 2020 and from Q3 2020 to Q4 2020. |
Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | Boeing Co.’s total asset turnover ratio deteriorated from Q2 2020 to Q3 2020 but then slightly improved from Q3 2020 to Q4 2020. |
Net Fixed Asset Turnover
Boeing Co., net fixed asset turnover calculation (quarterly data)
Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||
Revenues | 15,304 | 14,139 | 11,807 | 16,908 | 17,911 | 19,980 | 15,751 | 22,917 | 28,341 | 25,146 | 24,258 | 23,382 | 25,368 | 24,309 | 22,739 | 20,976 | 23,286 | 23,898 | 24,755 | 22,632 | ||||||
Property, plant and equipment, net of accumulated depreciation | 11,820 | 11,969 | 12,182 | 12,405 | 12,502 | 12,527 | 12,601 | 12,594 | 12,645 | 12,571 | 12,605 | 12,628 | 12,672 | 12,712 | 12,820 | 12,842 | 12,807 | 12,713 | 12,533 | 12,269 | ||||||
Long-term Activity Ratio | ||||||||||||||||||||||||||
Net fixed asset turnover1 | 4.92 | 5.08 | 5.47 | 5.69 | 6.12 | 6.94 | 7.31 | 7.99 | 8.00 | 7.81 | 7.72 | 7.59 | 7.37 | 7.18 | 7.09 | 7.24 | 7.38 | — | — | — | ||||||
Benchmarks | ||||||||||||||||||||||||||
Net Fixed Asset Turnover, Competitors2 | ||||||||||||||||||||||||||
Lockheed Martin Corp. | 9.07 | 9.44 | 9.44 | 9.25 | 9.07 | 9.35 | 9.32 | 9.20 | 8.78 | 9.23 | 9.05 | 8.98 | 8.84 | 9.01 | 8.87 | 8.75 | 8.51 | — | — | — | ||||||
Northrop Grumman Corp. | 5.20 | 4.91 | 4.91 | 4.93 | 4.90 | 5.03 | 5.04 | 4.91 | 4.72 | 4.74 | 4.61 | 6.13 | 6.11 | 6.51 | 6.63 | 6.79 | 6.83 | — | — | — | ||||||
Raytheon Technologies Corp. | 3.78 | 4.52 | 4.82 | 6.16 | 6.04 | 6.19 | 5.90 | 5.70 | 5.41 | 6.27 | 6.20 | 5.96 | 5.87 | 6.02 | 6.13 | 6.23 | 6.25 | — | — | — |
Based on: 10-K (filing date: 2021-02-01), 10-Q (filing date: 2020-10-28), 10-Q (filing date: 2020-07-29), 10-Q (filing date: 2020-04-29), 10-K (filing date: 2020-01-31), 10-Q (filing date: 2019-10-23), 10-Q (filing date: 2019-07-24), 10-Q (filing date: 2019-04-24), 10-K (filing date: 2019-02-08), 10-Q (filing date: 2018-10-24), 10-Q (filing date: 2018-07-25), 10-Q (filing date: 2018-04-25), 10-K (filing date: 2018-02-12), 10-Q (filing date: 2017-10-25), 10-Q (filing date: 2017-07-26), 10-Q (filing date: 2017-04-26), 10-K (filing date: 2017-02-08), 10-Q (filing date: 2016-10-26), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-27).
1 Q4 2020 Calculation
Net fixed asset turnover
= (RevenuesQ4 2020
+ RevenuesQ3 2020
+ RevenuesQ2 2020
+ RevenuesQ1 2020)
÷ Property, plant and equipment, net of accumulated depreciation
= (15,304 + 14,139 + 11,807 + 16,908)
÷ 11,820 = 4.92
2 Click competitor name to see calculations.
Long-term activity ratio | Description | The company |
---|---|---|
Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | Boeing Co.’s net fixed asset turnover ratio deteriorated from Q2 2020 to Q3 2020 and from Q3 2020 to Q4 2020. |
Total Asset Turnover
Boeing Co., total asset turnover calculation (quarterly data)
Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||
Revenues | 15,304 | 14,139 | 11,807 | 16,908 | 17,911 | 19,980 | 15,751 | 22,917 | 28,341 | 25,146 | 24,258 | 23,382 | 25,368 | 24,309 | 22,739 | 20,976 | 23,286 | 23,898 | 24,755 | 22,632 | ||||||
Total assets | 152,136 | 161,261 | 162,872 | 143,075 | 133,625 | 132,598 | 126,261 | 120,209 | 117,359 | 114,659 | 113,195 | 113,549 | 92,333 | 91,007 | 90,036 | 89,673 | 89,997 | 88,950 | 89,609 | 91,547 | ||||||
Long-term Activity Ratio | ||||||||||||||||||||||||||
Total asset turnover1 | 0.38 | 0.38 | 0.41 | 0.49 | 0.57 | 0.66 | 0.73 | 0.84 | 0.86 | 0.86 | 0.86 | 0.84 | 1.01 | 1.00 | 1.01 | 1.04 | 1.05 | — | — | — | ||||||
Benchmarks | ||||||||||||||||||||||||||
Total Asset Turnover, Competitors2 | ||||||||||||||||||||||||||
Lockheed Martin Corp. | 1.29 | 1.27 | 1.27 | 1.24 | 1.26 | 1.18 | 1.20 | 1.18 | 1.20 | 1.20 | 1.16 | 1.11 | 1.10 | 1.01 | 1.01 | 0.98 | 0.99 | — | — | — | ||||||
Northrop Grumman Corp. | 0.83 | 0.79 | 0.80 | 0.79 | 0.82 | 0.82 | 0.83 | 0.79 | 0.80 | 0.75 | 0.72 | 0.76 | 0.74 | 0.96 | 0.98 | 0.98 | 0.96 | — | — | — | ||||||
Raytheon Technologies Corp. | 0.35 | 0.41 | 0.44 | 0.55 | 0.55 | 0.54 | 0.52 | 0.51 | 0.50 | 0.56 | 0.62 | 0.62 | 0.62 | 0.61 | 0.61 | 0.64 | 0.64 | — | — | — |
Based on: 10-K (filing date: 2021-02-01), 10-Q (filing date: 2020-10-28), 10-Q (filing date: 2020-07-29), 10-Q (filing date: 2020-04-29), 10-K (filing date: 2020-01-31), 10-Q (filing date: 2019-10-23), 10-Q (filing date: 2019-07-24), 10-Q (filing date: 2019-04-24), 10-K (filing date: 2019-02-08), 10-Q (filing date: 2018-10-24), 10-Q (filing date: 2018-07-25), 10-Q (filing date: 2018-04-25), 10-K (filing date: 2018-02-12), 10-Q (filing date: 2017-10-25), 10-Q (filing date: 2017-07-26), 10-Q (filing date: 2017-04-26), 10-K (filing date: 2017-02-08), 10-Q (filing date: 2016-10-26), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-27).
1 Q4 2020 Calculation
Total asset turnover
= (RevenuesQ4 2020
+ RevenuesQ3 2020
+ RevenuesQ2 2020
+ RevenuesQ1 2020)
÷ Total assets
= (15,304 + 14,139 + 11,807 + 16,908)
÷ 152,136 = 0.38
2 Click competitor name to see calculations.
Long-term activity ratio | Description | The company |
---|---|---|
Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | Boeing Co.’s total asset turnover ratio deteriorated from Q2 2020 to Q3 2020 but then slightly improved from Q3 2020 to Q4 2020. |
Equity Turnover
Boeing Co., equity turnover calculation (quarterly data)
Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||
Revenues | 15,304 | 14,139 | 11,807 | 16,908 | 17,911 | 19,980 | 15,751 | 22,917 | 28,341 | 25,146 | 24,258 | 23,382 | 25,368 | 24,309 | 22,739 | 20,976 | 23,286 | 23,898 | 24,755 | 22,632 | ||||||
Shareholders’ equity (deficit) | (18,316) | (11,821) | (11,667) | (9,665) | (8,617) | (4,116) | (5,322) | 125 | 339 | (1,289) | (1,441) | 1,222 | 355 | 1,086 | (2,037) | 95 | 817 | 2,089 | 585 | 4,043 | ||||||
Long-term Activity Ratio | ||||||||||||||||||||||||||
Equity turnover1 | — | — | — | — | — | — | — | 805.30 | 298.31 | — | — | 78.39 | 263.08 | 84.08 | — | 978.05 | 115.75 | — | — | — | ||||||
Benchmarks | ||||||||||||||||||||||||||
Equity Turnover, Competitors2 | ||||||||||||||||||||||||||
Lockheed Martin Corp. | 10.87 | 12.97 | 16.77 | 17.74 | 19.13 | 14.99 | 20.17 | 22.91 | 38.57 | 57.78 | 125.81 | — | — | 23.67 | 38.77 | 32.32 | 31.27 | — | — | — | ||||||
Northrop Grumman Corp. | 3.48 | 3.37 | 3.57 | 3.78 | 3.84 | 3.42 | 3.57 | 3.61 | 3.68 | 3.14 | 3.28 | 3.42 | 3.66 | 3.94 | 4.26 | 4.47 | 4.66 | — | — | — | ||||||
Raytheon Technologies Corp. | 0.78 | 0.97 | 1.06 | 1.95 | 1.84 | 1.87 | 1.78 | 1.75 | 1.73 | 2.00 | 2.00 | 2.01 | 2.02 | 1.97 | 2.04 | 2.09 | 2.08 | — | — | — |
Based on: 10-K (filing date: 2021-02-01), 10-Q (filing date: 2020-10-28), 10-Q (filing date: 2020-07-29), 10-Q (filing date: 2020-04-29), 10-K (filing date: 2020-01-31), 10-Q (filing date: 2019-10-23), 10-Q (filing date: 2019-07-24), 10-Q (filing date: 2019-04-24), 10-K (filing date: 2019-02-08), 10-Q (filing date: 2018-10-24), 10-Q (filing date: 2018-07-25), 10-Q (filing date: 2018-04-25), 10-K (filing date: 2018-02-12), 10-Q (filing date: 2017-10-25), 10-Q (filing date: 2017-07-26), 10-Q (filing date: 2017-04-26), 10-K (filing date: 2017-02-08), 10-Q (filing date: 2016-10-26), 10-Q (filing date: 2016-07-27), 10-Q (filing date: 2016-04-27).
1 Q4 2020 Calculation
Equity turnover
= (RevenuesQ4 2020
+ RevenuesQ3 2020
+ RevenuesQ2 2020
+ RevenuesQ1 2020)
÷ Shareholders’ equity (deficit)
= (15,304 + 14,139 + 11,807 + 16,908)
÷ -18,316 = —
2 Click competitor name to see calculations.