CSG Systems International Inc (CSGS)

Fixed asset turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 1,197,250 1,169,260 1,089,750 1,046,490 990,533
Property, plant and equipment US$ in thousands 71,787 159,614 81,759
Fixed asset turnover 15.18 6.56 12.12

December 31, 2024 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $1,197,250K ÷ $—K
= —

The fixed asset turnover ratio for CSG Systems International Inc has shown fluctuations over the years. In 2020, the ratio was 12.12, indicating that the company generated $12.12 in revenue for every dollar of fixed assets. This ratio decreased to 6.56 in 2021, suggesting a decline in revenue generated from fixed assets. However, in 2022, the ratio significantly improved to 15.18, indicating a substantial increase in revenue generated from the company's fixed assets. There is missing data for 2023 and 2024, but based on the trend observed, further analysis would be needed to understand the company's fixed asset management efficiency and its impact on revenue generation.