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.
Peer comparison
Dec 31, 2024