Amkor Technology Inc (AMKR)
Total 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 |
| Total assets | US$ in thousands | 6,944,330 | 7,029,090 | 6,865,550 | 6,685,070 | 6,771,120 | 6,734,850 | 6,638,180 | 6,581,790 | 6,821,760 | 6,693,920 | 6,390,660 | 6,225,790 | 6,038,550 | 5,770,450 | 5,567,780 | 5,053,460 | 5,022,310 | 5,136,620 | 5,115,390 | 4,811,640 |
| Total asset turnover | 0.91 | 0.92 | 0.93 | 0.96 | 0.96 | 0.99 | 1.04 | 1.06 | 1.04 | 1.03 | 1.02 | 1.03 | 1.02 | 1.00 | 0.98 | 1.03 | 1.01 | 0.95 | 0.90 | 0.90 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $6,317,690K ÷ $6,944,330K
= 0.91
Total asset turnover is a financial ratio that measures a company's efficiency in generating sales revenue from its assets. A higher total asset turnover indicates better utilization of assets to generate revenue.
Analyzing the total asset turnover of Amkor Technology Inc over the past few years, we observe fluctuations in the ratio. From March 2020 to December 2020, the total asset turnover remained relatively stable around 0.90 to 1.01, suggesting consistent asset utilization for sales generation.
Subsequently, the ratio increased gradually from March 2021 to June 2022, peaking at 1.06 in March 2023. This upward trend indicates an improvement in the company's efficiency in using its assets to generate revenue during this period.
However, there was a slight decrease in the total asset turnover from June 2023 to December 2024, reaching a low of 0.91 in December 2024. This decline suggests a potential decrease in the efficiency of asset utilization for revenue generation during this period.
Overall, despite some fluctuations, the general trend indicates that Amkor Technology Inc has shown varying levels of efficiency in generating sales revenue from its assets over the analyzed periods. It is important for the company to continuously monitor and optimize its asset management practices to maintain or improve its total asset turnover ratio in the future.
Peer comparison
Dec 31, 2024