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Usd Partners Lp Asset Turnover Ratio
Quarterly Results, Trends, Rankings, Statistics
Usd Partners Lp's asset turnover ratio, the ratio that measures the ability of Usd Partners Lp's assets to generate revenue, sequentially decreased to 0.68 in the third quarter (Sep 30 2023), but it does not raise any concerns as Usd Partners Lp continue to execute well, and the remains above the average.
Within sector 2 more businesses have achieved higher asset turnover ratio. While ranking the asset turnover ratio, among all other companies, it is fair to say, that the company's position has deteriorated in the Third Quarter 2023 compared to the preceding quarter from 1578 to 1615.
What is Asset Turnover Ratio?
What is Usd Partners Lp Market Share?
Select the Comparisons :
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Select the Ratio:
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USDP Asset Turnover Ratio |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
(Sep 30 2022) III. Quarter |
Y / Y Asset Change |
-24.17 % |
-54.56 % |
-42.77 % |
-41.38 % |
-36.05 % |
Y / Y Revenue Change |
-48.43 % |
-42.29 % |
-29.88 % |
-6.76 % |
-27.84 % |
Asset Turnover Ratio (TTM) |
0.68 |
0.72 |
0.67 |
0.63 |
0.57 |
USDP's Total
Ranking |
# 1615 |
# 1578 |
# 1737 |
# 2016 |
# 1946 |
Seq. Asset Change |
-1.12 % |
-16.23 % |
-0.29 % |
-8.18 % |
-40.74 % |
Seq. Revenue Change |
-43.11 % |
-7.83 % |
-19.69 % |
22.47 % |
-36.34 % |
Asset Turnover Ratio Statistics |
High |
Average |
Low |
0.71 |
0.47 |
0.36 |
(Jun 30 2023) |
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(Dec 31 2017) |
Companies with similar Asset Turnover Ratio for the quarter ending Sep 30 2023, within Transportation Sector | Asset Turnover Ratio | Revenues for 12 Months ending Sep 30 2023 | Assets at quarter ending Sep 30 2023 | Patriot Transportation Holding Inc | 1.89 | $ 94.785 Millions | $ 50.032 Millions | Arcbest Corporation | 1.87 | $ 4,582.126 Millions | $ 2,444.357 Millions | Freightcar America Inc | 1.85 | $ 387.914 Millions | $ 209.990 Millions | J b Hunt Transport Services Inc | 1.64 | $ 13,175.586 Millions | $ 8,049.422 Millions | Hub Group Inc | 1.58 | $ 4,503.065 Millions | $ 2,854.059 Millions | Air T Inc | 1.50 | $ 286.170 Millions | $ 190.223 Millions | Forward Air Corporation | 1.43 | $ 1,723.895 Millions | $ 1,202.449 Millions | Universal Logistics Holdings Inc | 1.40 | $ 1,729.940 Millions | $ 1,233.405 Millions | Covenant Logistics Group Inc | 1.35 | $ 1,125.645 Millions | $ 831.041 Millions | United Parcel Service Inc | 1.31 | $ 93,074.000 Millions | $ 70,985.250 Millions | Schneider National Inc | 1.28 | $ 5,688.900 Millions | $ 4,455.600 Millions | Saia Inc | 1.21 | $ 2,786.027 Millions | $ 2,309.985 Millions | Marten Transport Ltd | 1.20 | $ 1,185.817 Millions | $ 986.560 Millions | Pam Transportation Services Inc | 1.19 | $ 868.254 Millions | $ 732.533 Millions | Old Dominion Freight Line Inc | 1.17 | $ 5,862.261 Millions | $ 5,018.376 Millions | Saker Aviation Services Inc | 1.07 | $ 8.222 Millions | $ 7.685 Millions | Werner Enterprises Inc | 1.06 | $ 3,323.045 Millions | $ 3,128.307 Millions | Fedex Corporation | 1.02 | $ 88,594.000 Millions | $ 86,521.250 Millions | The Greenbrier Companies Inc | 1.01 | $ 3,943.100 Millions | $ 3,917.425 Millions | Wheels Up Experience Inc | 0.89 | $ 1,415.194 Millions | $ 1,586.888 Millions | American Airlines Group Inc | 0.80 | $ 52,914.000 Millions | $ 66,118.250 Millions | Delta Air Lines Inc | 0.78 | $ 57,260.000 Millions | $ 73,041.500 Millions | Frontier Group Holdings Inc | 0.77 | $ 3,604.000 Millions | $ 4,703.000 Millions | Brink s Co | 0.76 | $ 4,819.900 Millions | $ 6,323.825 Millions | United Airlines Holdings Inc | 0.74 | $ 52,491.000 Millions | $ 71,067.250 Millions | Jetblue Airways Corp | 0.73 | $ 9,706.000 Millions | $ 13,291.250 Millions | Alaska Air Group Inc | 0.71 | $ 10,352.000 Millions | $ 14,619.000 Millions | Southwest Airlines Co | 0.70 | $ 25,440.000 Millions | $ 36,103.500 Millions | Hawaiian Holdings inc | 0.68 | $ 2,778.244 Millions | $ 4,062.548 Millions | Pangaea Logistics Solutions Ltd | 0.68 | $ 499.267 Millions | $ 732.909 Millions |
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