ACI Worldwide Inc (ACIW)

Fixed asset turnover

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 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
Revenue (ttm) US$ in thousands 1,594,288 1,617,813 1,529,076 1,478,922 1,452,579 1,427,821 1,371,397 1,388,497 1,421,901 1,436,925 1,447,248 1,408,492 1,370,598 1,290,813 1,289,782 1,288,023 1,294,322 1,307,198 1,346,216 1,343,924
Property, plant and equipment US$ in thousands 44,998 48,327 52,499 54,328 97,066 60,770 63,050 61,689 113,038 62,742 64,734 67,028 69,011 67,893
Fixed asset turnover 30.48 28.73 27.08 26.45 14.91 23.18 21.74 20.92 11.41 20.53 19.99 19.50 19.51 19.79

December 31, 2024 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $1,594,288K ÷ $—K
= —

ACI Worldwide Inc's fixed asset turnover has shown a generally increasing trend over the past few years, reflecting the company's efficient utilization of its fixed assets to generate revenue. The ratio started at 19.79 as of March 31, 2020, and steadily increased to reach 30.48 as of June 30, 2023. This indicates that the company generated $30.48 in revenue for every dollar invested in fixed assets.

However, there was a significant drop in fixed asset turnover to 11.41 as of June 30, 2021, which could indicate a decrease in asset efficiency during that period. The ratio then recovered and continued to climb, reaching 27.08 as of December 31, 2022.

From September 30, 2023, the data shows a missing value, which makes it challenging to assess the most recent trend accurately. It is important to investigate the reason for the missing data to understand the company's current asset management efficiency.

Overall, the increasing trend in fixed asset turnover suggests that ACI Worldwide Inc has been effectively utilizing its fixed assets to generate revenue, with some fluctuations that may require closer attention and analysis.