Calix Inc (CALX)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 831,518 | 1,039,590 | 867,827 | 679,394 | 541,239 |
| Property, plant and equipment | US$ in thousands | — | — | 25,834 | 33,965 | 20,381 |
| Fixed asset turnover | — | — | 33.59 | 20.00 | 26.56 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $831,518K ÷ $—K
= —
The fixed asset turnover ratio measures a company's efficiency in generating revenue from its investment in fixed assets. In the case of Calix Inc, the trend in the fixed asset turnover ratio over the years shows fluctuations.
In December 31, 2020, Calix Inc achieved a high fixed asset turnover ratio of 26.56, indicating that the company generated $26.56 in sales for every dollar invested in fixed assets. However, in December 31, 2021, the fixed asset turnover ratio decreased to 20.00, suggesting a decline in the company's ability to generate revenue efficiently from its fixed assets.
The ratio then increased significantly to 33.59 by December 31, 2022, indicating improved efficiency in utilizing fixed assets to generate sales. However, the data for December 31, 2023, and December 31, 2024, is not available (denoted as "—"), making it challenging to analyze the trend further for those years.
Overall, Calix Inc's fixed asset turnover ratio has shown variations, with periods of both improvement and decline in efficiency in generating revenue from its fixed asset base. Further analysis and context would be needed to fully understand the underlying reasons for these fluctuations.
Peer comparison
Dec 31, 2024