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)
Roper Technologies Inc., long-term (investment) activity ratios (quarterly data)
Based on: 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
| Long-term activity ratio | Description | The company |
|---|---|---|
| Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | Roper Technologies Inc. net fixed asset turnover ratio deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023. |
| Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | Roper Technologies Inc. total asset turnover ratio improved from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023. |
| Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | Roper Technologies Inc. equity turnover ratio improved from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023. |
Net Fixed Asset Turnover
Roper Technologies Inc., net fixed asset turnover calculation (quarterly data)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||||
| Net revenues | 1,563,400) | 1,531,200) | 1,469,700) | 1,430,900) | 1,350,300) | 1,310,800) | 1,279,800) | 1,512,300) | 1,462,800) | 1,426,600) | 1,376,100) | 1,505,300) | 1,366,100) | 1,305,000) | 1,350,700) | 1,394,800) | 1,354,500) | 1,330,300) | 1,287,200) | 1,376,300) | 1,318,700) | 1,293,700) | 1,202,500) | |||||||
| Property, plant and equipment, net | 98,300) | 93,700) | 86,300) | 85,300) | 83,200) | 77,300) | 98,900) | 102,800) | 105,600) | 125,300) | 134,600) | 140,600) | 146,600) | 129,600) | 133,400) | 139,900) | 142,600) | 134,200) | 132,200) | 128,700) | 130,200) | 138,600) | 140,900) | |||||||
| Long-term Activity Ratio | ||||||||||||||||||||||||||||||
| Net fixed asset turnover1 | 60.99 | 61.71 | 64.45 | 62.98 | 65.54 | 72.00 | 57.45 | 56.20 | 54.65 | 45.28 | 41.25 | 39.31 | 36.95 | 41.71 | 40.71 | 38.36 | 37.51 | 39.59 | 39.91 | 40.34 | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||||
| Net Fixed Asset Turnover, Competitors2 | ||||||||||||||||||||||||||||||
| Apple Inc. | 8.82 | 8.87 | 9.02 | 9.36 | 9.61 | 9.82 | 9.64 | 9.28 | 8.99 | 8.61 | 7.75 | 7.47 | 7.67 | 7.47 | 7.23 | 6.96 | 6.88 | 6.67 | 6.61 | 6.43 | — | — | — | |||||||
| Arista Networks Inc. | 54.54 | 51.74 | 49.98 | 46.11 | 40.75 | 38.14 | 36.13 | 37.49 | 36.78 | 81.23 | 75.84 | 71.90 | 68.00 | 64.39 | 61.85 | 61.38 | — | — | — | — | — | — | — | |||||||
| Cisco Systems Inc. | 26.82 | 27.07 | 26.52 | 25.82 | 25.21 | 24.09 | 22.69 | 21.31 | 20.64 | 20.13 | 19.93 | 20.10 | 19.95 | 19.67 | 19.48 | 18.61 | — | — | — | — | — | — | — | |||||||
| Super Micro Computer Inc. | 22.67 | 22.98 | 20.69 | 18.17 | 16.40 | 14.88 | 13.47 | 12.95 | 12.74 | 12.77 | 13.65 | 14.28 | 14.31 | 14.82 | 15.67 | 16.88 | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
1 Q3 2023 Calculation
Net fixed asset turnover
= (Net revenuesQ3 2023
+ Net revenuesQ2 2023
+ Net revenuesQ1 2023
+ Net revenuesQ4 2022)
÷ Property, plant and equipment, net
= (1,563,400 + 1,531,200 + 1,469,700 + 1,430,900)
÷ 98,300 = 60.99
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. | Roper Technologies Inc. net fixed asset turnover ratio deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023. |
Total Asset Turnover
Roper Technologies Inc., total asset turnover calculation (quarterly data)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||||
| Net revenues | 1,563,400) | 1,531,200) | 1,469,700) | 1,430,900) | 1,350,300) | 1,310,800) | 1,279,800) | 1,512,300) | 1,462,800) | 1,426,600) | 1,376,100) | 1,505,300) | 1,366,100) | 1,305,000) | 1,350,700) | 1,394,800) | 1,354,500) | 1,330,300) | 1,287,200) | 1,376,300) | 1,318,700) | 1,293,700) | 1,202,500) | |||||||
| Total assets | 28,188,000) | 27,460,400) | 27,134,800) | 26,980,800) | 24,397,200) | 25,350,300) | 25,635,800) | 23,713,900) | 23,728,100) | 23,833,700) | 23,871,100) | 24,024,800) | 23,652,000) | 19,142,300) | 18,137,800) | 18,108,900) | 17,819,100) | 15,908,300) | 15,414,100) | 15,249,500) | 15,245,100) | 15,361,000) | 14,074,100) | |||||||
| Long-term Activity Ratio | ||||||||||||||||||||||||||||||
| Total asset turnover1 | 0.21 | 0.21 | 0.20 | 0.20 | 0.22 | 0.22 | 0.22 | 0.24 | 0.24 | 0.24 | 0.23 | 0.23 | 0.23 | 0.28 | 0.30 | 0.30 | 0.30 | 0.33 | 0.34 | 0.34 | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||||
| Total Asset Turnover, Competitors2 | ||||||||||||||||||||||||||||||
| Apple Inc. | 1.15 | 1.16 | 1.12 | 1.12 | 1.15 | 1.10 | 0.99 | 1.04 | 1.05 | 0.97 | 0.83 | 0.85 | 0.86 | 0.84 | 0.79 | 0.77 | 0.80 | 0.76 | 0.70 | 0.73 | — | — | — | |||||||
| Arista Networks Inc. | 0.62 | 0.64 | 0.64 | 0.65 | 0.64 | 0.60 | 0.52 | 0.51 | 0.51 | 0.50 | 0.50 | 0.49 | 0.50 | 0.52 | 0.57 | 0.58 | — | — | — | — | — | — | — | |||||||
| Cisco Systems Inc. | 0.56 | 0.55 | 0.56 | 0.55 | 0.56 | 0.55 | 0.53 | 0.51 | 0.52 | 0.50 | 0.51 | 0.52 | 0.55 | 0.57 | 0.56 | 0.53 | — | — | — | — | — | — | — | |||||||
| Super Micro Computer Inc. | 2.06 | 2.16 | 1.82 | 1.62 | 1.51 | 1.56 | 1.58 | 1.59 | 1.69 | 1.72 | 1.82 | 1.74 | 1.68 | 1.81 | 1.96 | 2.08 | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
1 Q3 2023 Calculation
Total asset turnover
= (Net revenuesQ3 2023
+ Net revenuesQ2 2023
+ Net revenuesQ1 2023
+ Net revenuesQ4 2022)
÷ Total assets
= (1,563,400 + 1,531,200 + 1,469,700 + 1,430,900)
÷ 28,188,000 = 0.21
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. | Roper Technologies Inc. total asset turnover ratio improved from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023. |
Equity Turnover
Roper Technologies Inc., equity turnover calculation (quarterly data)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||||
| Net revenues | 1,563,400) | 1,531,200) | 1,469,700) | 1,430,900) | 1,350,300) | 1,310,800) | 1,279,800) | 1,512,300) | 1,462,800) | 1,426,600) | 1,376,100) | 1,505,300) | 1,366,100) | 1,305,000) | 1,350,700) | 1,394,800) | 1,354,500) | 1,330,300) | 1,287,200) | 1,376,300) | 1,318,700) | 1,293,700) | 1,202,500) | |||||||
| Stockholders’ equity | 17,038,700) | 16,745,900) | 16,332,700) | 16,037,800) | 13,857,800) | 13,726,500) | 13,551,900) | 11,563,800) | 11,342,300) | 11,089,200) | 10,765,700) | 10,479,800) | 10,160,900) | 9,879,700) | 9,591,300) | 9,491,900) | 8,571,300) | 8,351,000) | 8,137,400) | 7,738,500) | 7,554,900) | 7,302,900) | 7,155,500) | |||||||
| Long-term Activity Ratio | ||||||||||||||||||||||||||||||
| Equity turnover1 | 0.35 | 0.35 | 0.34 | 0.33 | 0.39 | 0.41 | 0.42 | 0.50 | 0.51 | 0.51 | 0.52 | 0.53 | 0.53 | 0.55 | 0.57 | 0.57 | 0.62 | 0.64 | 0.65 | 0.67 | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||||
| Equity Turnover, Competitors2 | ||||||||||||||||||||||||||||||
| Apple Inc. | 6.37 | 6.20 | 6.83 | 7.78 | 6.67 | 5.73 | 5.26 | 5.80 | 5.40 | 4.70 | 4.44 | 4.20 | 3.79 | 3.42 | 2.99 | 2.88 | 2.69 | 2.44 | 2.22 | 2.48 | — | — | — | |||||||
| Arista Networks Inc. | 0.86 | 0.90 | 0.91 | 0.90 | 0.90 | 0.87 | 0.76 | 0.74 | 0.72 | 0.71 | 0.71 | 0.70 | 0.72 | 0.75 | 0.82 | 0.83 | — | — | — | — | — | — | — | |||||||
| Cisco Systems Inc. | 1.30 | 1.28 | 1.30 | 1.30 | 1.28 | 1.31 | 1.19 | 1.21 | 1.21 | 1.23 | 1.26 | 1.30 | 1.42 | 1.45 | 1.51 | 1.55 | — | — | — | — | — | — | — | |||||||
| Super Micro Computer Inc. | 3.72 | 3.65 | 3.70 | 3.64 | 3.63 | 3.51 | 3.38 | 3.25 | 3.21 | 3.06 | 3.08 | 3.13 | 3.18 | 3.26 | 3.43 | 3.72 | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
1 Q3 2023 Calculation
Equity turnover
= (Net revenuesQ3 2023
+ Net revenuesQ2 2023
+ Net revenuesQ1 2023
+ Net revenuesQ4 2022)
÷ Stockholders’ equity
= (1,563,400 + 1,531,200 + 1,469,700 + 1,430,900)
÷ 17,038,700 = 0.35
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | Roper Technologies Inc. equity turnover ratio improved from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023. |