Arlo Technologies (ARLO)
Fixed asset turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 495,885 | 478,632 | 475,901 | 479,098 | 493,340 | 517,147 | 499,348 | 478,314 | 435,648 | 407,138 | 406,300 | 374,509 | 358,206 | 365,783 | 362,185 | 379,712 | 372,177 | 371,922 | 396,887 | 423,525 |
| Property, plant and equipment | US$ in thousands | 4,761 | 5,752 | 6,421 | 7,055 | 7,336 | 6,588 | 7,478 | 8,522 | 9,595 | 10,681 | 11,368 | 14,596 | 15,821 | 16,832 | 18,210 | 19,284 | 21,352 | 24,216 | 27,964 | 28,988 |
| Fixed asset turnover | 104.16 | 83.21 | 74.12 | 67.91 | 67.25 | 78.50 | 66.78 | 56.13 | 45.40 | 38.12 | 35.74 | 25.66 | 22.64 | 21.73 | 19.89 | 19.69 | 17.43 | 15.36 | 14.19 | 14.61 |
December 31, 2023 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $495,885K ÷ $4,761K
= 104.16
Arlo Technologies Inc's fixed asset turnover has shown fluctuations over the past eight quarters. The ratio peaked at 103.17 in Q4 2023, indicating that the company generated $103.17 in sales for every $1 of fixed assets during that period, reflecting efficient utilization of fixed assets to generate revenue. However, this figure decreased in the following quarters, reaching its lowest point at 56.01 in Q1 2022.
The trend indicates that the company's efficiency in generating sales from fixed assets has varied, possibly due to changes in operational efficiency, asset utilization, or business strategies. The overall trend shows some volatility, with periods of high and low fixed asset turnover ratios.
Further analysis and comparison with industry benchmarks or competitors' ratios would provide more insights into Arlo Technologies Inc's performance in effectively utilizing its fixed assets to drive revenue generation.
Peer comparison
Dec 31, 2023