Amkor Technology Inc (AMKR)
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 | 6,317,690 | 6,440,380 | 6,400,580 | 6,397,030 | 6,503,060 | 6,657,460 | 6,919,360 | 6,966,310 | 7,091,590 | 6,910,020 | 6,507,330 | 6,409,000 | 6,138,330 | 5,784,730 | 5,457,750 | 5,224,120 | 5,050,590 | 4,858,010 | 4,587,910 | 4,310,305 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | — | — | 3,306,780 | 3,255,840 | 3,228,600 | — | 3,030,800 | 3,047,770 | 3,018,100 | 2,623,470 | 2,713,240 | 2,560,200 | 2,471,980 | 2,367,750 |
| Fixed asset turnover | — | — | — | — | — | — | — | — | 2.14 | 2.12 | 2.02 | — | 2.03 | 1.90 | 1.81 | 1.99 | 1.86 | 1.90 | 1.86 | 1.82 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $6,317,690K ÷ $—K
= —
The fixed asset turnover ratio measures a company's ability to generate sales from its investment in fixed assets such as property, plant, and equipment. A higher fixed asset turnover ratio indicates that the company is more efficient in utilizing its fixed assets to generate revenue.
Analyzing the data provided for Amkor Technology Inc, we observe fluctuations in the fixed asset turnover ratio over the past few periods. The ratio has shown a general upward trend, starting at 1.82 on March 31, 2020, and reaching 2.14 by December 31, 2022. This indicates an improvement in the company's efficiency in generating sales from its fixed assets.
However, there are some periods where the ratio decreased slightly, such as on June 30, 2021 (1.81), and then increased again in subsequent quarters. This fluctuation may suggest variations in the company's operational performance and utilization of fixed assets during those periods.
Overall, the increasing trend in the fixed asset turnover ratio for Amkor Technology Inc signifies a positive development in the company's asset management efficiency and effectiveness in generating revenue from its fixed assets. Investors and stakeholders may view this trend favorably as it suggests improved operational performance and better utilization of the company's resources.
Peer comparison
Dec 31, 2024