Transportation & Logistics Systems (TLSS) Asset Utilization Ratio (2018 - 2023)

Transportation & Logistics Systems (TLSS) has reported Asset Utilization Ratio for 6 consecutive years, with 0.8 the latest figure, recorded in Q3 2023.

• In Q3 2023, Asset Utilization Ratio rose 145.24% year-over-year to 0.8; the TTM figure through Sep 2023 stood at 0.8 (up 145.24% YoY), while the FY2022 annual figure was 0.5, down 40.25% from the prior year.
• Asset Utilization Ratio came in at 0.8 for Q3 2023 at Transportation & Logistics Systems, up from 0.61 in the prior quarter.
• The five-year high for Asset Utilization Ratio was 6.42 in Q4 2020, with the low at 0.32 in Q3 2022.
• Average Asset Utilization Ratio over 5 years is 2.48, with a median of 1.11 recorded in 2021.
• Across the five-year window, Asset Utilization Ratio surged 524.25% in 2019 and sank 89.24% in 2021, its largest moves.
• Year by year, Asset Utilization Ratio stood at 6.4 in 2019, then climbed by 0.21% to 6.42 in 2020, then tumbled by 89.24% to 0.69 in 2021, then plunged by 52.45% to 0.33 in 2022, then soared by 142.22% to 0.8 in 2023.
• According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.8, 0.61, and 0.5 for Q3 2023, Q2 2023, and Q1 2023 respectively.