Cirrus Logic Inc (CRUS)
Fixed asset turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,896,080 | 1,788,890 | 1,897,620 | 1,781,460 | 1,369,230 |
| Property, plant and equipment | US$ in thousands | — | — | 162,972 | 328,080 | 154,942 |
| Fixed asset turnover | — | — | 11.64 | 5.43 | 8.84 |
March 31, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $1,896,080K ÷ $—K
= —
The fixed asset turnover ratio for Cirrus Logic Inc shows a fluctuating trend over the years. In March 2021, the company had a relatively high fixed asset turnover of 8.84, indicating that the company generated $8.84 in net sales for every dollar invested in fixed assets. However, this ratio decreased to 5.43 in March 2022, suggesting a decline in efficiency in utilizing fixed assets to generate revenue.
The following year, in March 2023, the fixed asset turnover improved significantly to 11.64, indicating a more efficient use of fixed assets to generate sales. However, the data for March 2024 and March 2025 is unavailable (indicated as "—"), making it challenging to assess the trend in the subsequent years.
Overall, the varying values of the fixed asset turnover ratio suggest fluctuations in Cirrus Logic Inc's effectiveness in leveraging its fixed assets to generate revenue over the analyzed period. Further analysis and additional data for the missing years would provide more insights into the company's asset utilization efficiency.
Peer comparison
Mar 31, 2025