Amkor Technology Inc (AMKR)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 6,317,690 | 6,503,060 | 7,091,580 | 6,138,330 | 5,050,590 |
| Property, plant and equipment | US$ in thousands | — | — | 3,306,780 | 3,030,800 | 2,713,240 |
| Fixed asset turnover | — | — | 2.14 | 2.03 | 1.86 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $6,317,690K ÷ $—K
= —
The fixed asset turnover ratio measures how efficiently a company generates sales revenue from its investment in fixed assets. For Amkor Technology Inc, the trend in fixed asset turnover has been positive, increasing from 1.86 in December 2020 to 2.03 in December 2021 and further to 2.14 in December 2022. This indicates that the company is effectively utilizing its fixed assets to generate sales.
However, the data is incomplete for December 2023 and 2024, marked as "—," making it challenging to assess the trend accurately for those years. It is important for investors and analysts to monitor this ratio over time to ensure that the company continues to efficiently utilize its fixed assets to drive revenue growth.
Peer comparison
Dec 31, 2024