Cohu Inc (COHU)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 401,779 | 636,322 | 812,775 | 887,214 | 636,007 |
| Total assets | US$ in thousands | 999,415 | 1,150,350 | 1,227,410 | 1,259,040 | 1,095,510 |
| Total asset turnover | 0.40 | 0.55 | 0.66 | 0.70 | 0.58 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $401,779K ÷ $999,415K
= 0.40
The total asset turnover of Cohu Inc shows a fluctuating trend over the years, with values ranging from 0.40 to 0.70. This ratio indicates the company's efficiency in generating sales revenue from its total assets. A higher total asset turnover ratio signifies that the company is effectively utilizing its assets to generate sales. In 2021, the ratio increased to 0.70, indicating improved asset utilization to generate revenue. However, in the following years, the ratio decreased, reaching its lowest value of 0.40 in 2024, suggesting a decline in efficiency in utilizing assets to generate sales. Overall, Cohu Inc should focus on strategies to improve asset turnover to enhance its revenue generation efficiency.
Peer comparison
Dec 31, 2024