ACI Worldwide Inc (ACIW)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,594,290 | 1,452,580 | 1,421,900 | 1,370,600 | 1,294,320 |
| Property, plant and equipment | US$ in thousands | — | — | 52,499 | 63,050 | 64,734 |
| Fixed asset turnover | — | — | 27.08 | 21.74 | 19.99 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $1,594,290K ÷ $—K
= —
The fixed asset turnover ratio reflects ACI Worldwide Inc's efficiency in utilizing its fixed assets to generate revenue. Looking at the trend over the past few years, we observe a consistent increase in the fixed asset turnover ratio from 19.99 in December 2020 to 21.74 in December 2021, and further improvement to 27.08 in December 2022.
This upward trend indicates that ACI Worldwide Inc has been able to generate more revenue from its fixed assets over time, implying improved efficiency in asset utilization. However, the absence of data for December 2023 and 2024 makes it difficult to assess the continued trajectory of this ratio.
Overall, the increasing trend in the fixed asset turnover ratio suggests that ACI Worldwide Inc has been effectively managing and utilizing its fixed assets to drive revenue growth and operational performance. Continued monitoring of this ratio in the upcoming periods will provide further insights into the company's asset management efficiency.
Peer comparison
Dec 31, 2024