Calix Inc (CALX)
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 | 831,518 | 890,128 | 953,018 | 1,015,895 | 1,039,593 | 1,019,362 | 991,861 | 932,887 | 867,827 | 799,743 | 735,640 | 702,268 | 679,394 | 673,001 | 651,278 | 601,631 | 541,239 | 491,404 | 455,381 | 436,662 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 39,087 | 28,836 | 27,419 | 25,834 | 24,348 | 22,029 | 22,307 | 33,965 | 31,801 | 19,663 | 20,103 | 20,381 | 20,168 | 20,966 | 20,402 |
| Fixed asset turnover | — | — | — | — | — | 26.08 | 34.40 | 34.02 | 33.59 | 32.85 | 33.39 | 31.48 | 20.00 | 21.16 | 33.12 | 29.93 | 26.56 | 24.37 | 21.72 | 21.40 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $831,518K ÷ $—K
= —
The fixed asset turnover ratio measures how efficiently a company is utilizing its fixed assets to generate sales. A higher fixed asset turnover ratio indicates better utilization of fixed assets.
Looking at the data provided for Calix Inc, we can see that the fixed asset turnover has been fluctuating over the years. The ratio was relatively stable and high in the early quarters of 2020, reaching a peak of 33.12 in June 2021. This indicates that Calix was effectively generating sales with its fixed assets during this period.
However, the ratio experienced a significant decline in the following quarters, dropping to as low as 20.00 in December 2021. This suggests a potential inefficiency in utilizing fixed assets to generate sales during that time.
Subsequently, the fixed asset turnover ratio recovered and showed an increasing trend, reaching a peak of 34.40 in June 2023. This indicates that Calix improved its efficiency in utilizing fixed assets to generate sales during this period.
It is worth noting that the data is not available for the latter part of 2023 and beyond, so we do not have insight into the company's fixed asset turnover for those periods.
Overall, based on the available data, Calix Inc has shown varying levels of efficiency in utilizing its fixed assets to generate sales over the years, with periods of both strong performance and potential inefficiencies.
Peer comparison
Dec 31, 2024