Corsair Gaming Inc (CRSR)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,316,380 | 1,459,880 | 1,375,100 | 1,904,060 | 1,702,370 |
| Property, plant and equipment | US$ in thousands | — | — | 80,102 | 16,819 | 16,475 |
| Fixed asset turnover | — | — | 17.17 | 113.21 | 103.33 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $1,316,380K ÷ $—K
= —
The fixed asset turnover ratio for Corsair Gaming Inc has fluctuated over the years based on the provided data.
In December 31, 2020, the fixed asset turnover was 103.33, indicating that the company generated $103.33 in revenue for every $1 of fixed assets invested in that year. This high ratio suggests efficient utilization of fixed assets to generate sales.
By December 31, 2021, the fixed asset turnover ratio increased to 113.21, reflecting an improvement in efficiency in generating revenue from fixed assets. This signifies that the company was able to derive even more revenue per dollar of fixed assets in the following year.
However, there was a significant drop in the fixed asset turnover ratio to 17.17 by December 31, 2022. This decline may indicate a decrease in the company's ability to efficiently generate revenue from its fixed assets during that period.
Unfortunately, the data for December 31, 2023 and December 31, 2024 is not available (denoted by "---"), preventing us from analyzing the trend in the fixed asset turnover ratio for those years.
Overall, based on the available data, Corsair Gaming Inc has shown varying levels of efficiency in utilizing its fixed assets to generate revenue, with significant fluctuations in the fixed asset turnover ratio over the years. More data would be needed to understand the full trend and make a more conclusive analysis.
Peer comparison
Dec 31, 2024