Analysis of Geographic Areas
Amphenol Corp. operates in 3 regions: United States; China; and Other foreign locations.
Area Asset Turnover
Amphenol Corp., asset turnover by geographic area
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| United States | 9.95 | 10.76 | 8.72 | 7.07 | 7.11 |
| China | 6.33 | 6.95 | 6.74 | 6.50 | 6.72 |
| Other foreign locations | 7.33 | 8.16 | 7.71 | 6.66 | 6.82 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023. |
| China | China area asset turnover ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. | |
| Other foreign locations | Other foreign locations area asset turnover ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. |
Area Asset Turnover: United States
Amphenol Corp.; United States; area asset turnover calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Net sales | 4,405,400) | 4,155,200) | 3,155,900) | 2,494,000) | 2,524,700) |
| Long-lived assets | 442,600) | 386,100) | 362,100) | 352,700) | 355,000) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 9.95 | 10.76 | 8.72 | 7.07 | 7.11 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Area asset turnover = Net sales ÷ Long-lived assets
= 4,405,400 ÷ 442,600 = 9.95
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023. |
Area Asset Turnover: China
Amphenol Corp.; China; area asset turnover calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Net sales | 2,884,000) | 3,265,000) | 3,044,400) | 2,597,500) | 2,306,400) |
| Long-lived assets | 455,500) | 470,100) | 451,700) | 399,600) | 343,100) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 6.33 | 6.95 | 6.74 | 6.50 | 6.72 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Area asset turnover = Net sales ÷ Long-lived assets
= 2,884,000 ÷ 455,500 = 6.33
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | China | China area asset turnover ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. |
Area Asset Turnover: Other foreign locations
Amphenol Corp.; Other foreign locations; area asset turnover calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Net sales | 5,265,300) | 5,202,800) | 4,676,000) | 3,507,400) | 3,394,300) |
| Long-lived assets | 718,100) | 637,600) | 606,400) | 526,700) | 497,600) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 7.33 | 8.16 | 7.71 | 6.66 | 6.82 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Area asset turnover = Net sales ÷ Long-lived assets
= 5,265,300 ÷ 718,100 = 7.33
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Other foreign locations | Other foreign locations area asset turnover ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. |
Net sales
Amphenol Corp., net sales by geographic area
US$ in thousands
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| United States | 4,405,400) | 4,155,200) | 3,155,900) | 2,494,000) | 2,524,700) |
| China | 2,884,000) | 3,265,000) | 3,044,400) | 2,597,500) | 2,306,400) |
| Other foreign locations | 5,265,300) | 5,202,800) | 4,676,000) | 3,507,400) | 3,394,300) |
| Total | 12,554,700) | 12,623,000) | 10,876,300) | 8,598,900) | 8,225,400) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
Long-lived assets
Amphenol Corp., long-lived assets by geographic area
US$ in thousands
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| United States | 442,600) | 386,100) | 362,100) | 352,700) | 355,000) |
| China | 455,500) | 470,100) | 451,700) | 399,600) | 343,100) |
| Other foreign locations | 718,100) | 637,600) | 606,400) | 526,700) | 497,600) |
| Total | 1,616,200) | 1,493,800) | 1,420,200) | 1,279,000) | 1,195,700) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).