Arlo Technologies (ARLO)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 510,886 | 491,176 | 490,414 | 435,137 | 357,154 |
| Property, plant and equipment | US$ in thousands | — | — | 7,336 | 24,409 | 15,821 |
| Fixed asset turnover | — | — | 66.85 | 17.83 | 22.57 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $510,886K ÷ $—K
= —
The fixed asset turnover ratio for Arlo Technologies has shown a fluctuating trend over the years based on the provided data. In 2020, the company achieved a high fixed asset turnover of 22.57, indicating that for each dollar invested in fixed assets, the company generated $22.57 in revenue. The ratio decreased in 2021 to 17.83, suggesting a slight reduction in the company's efficiency in utilizing its fixed assets to generate sales.
However, there was a significant improvement in 2022, with the fixed asset turnover ratio skyrocketing to 66.85, reflecting a substantial increase in revenue generated per dollar invested in fixed assets. The data for 2023 and 2024 are not available (represented as "—"), making it challenging to assess the company's performance in those years.
Overall, the trend indicates variability in Arlo Technologies' ability to generate revenue from its fixed assets efficiently. It is important for the company to closely monitor and manage its asset utilization to ensure optimal operational performance and financial results.
Peer comparison
Dec 31, 2024