CSG Systems International Inc (CSGS)

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	1,197,248	1,177,920	1,169,645	1,165,654	1,169,258	1,161,810	1,148,250	1,124,091	1,089,752	1,074,901	1,064,802	1,057,768	1,046,487	1,031,949	1,012,848	998,035	990,533	984,793	992,099	997,634
Property, plant and equipment	US$ in thousands	—	—	—	—	—	—	70,457	68,648	71,787	71,856	134,305	70,803	159,614	172,826	182,142	81,944	81,759	83,199	84,689	80,754
Fixed asset turnover		—	—	—	—	—	—	16.30	16.37	15.18	14.96	7.93	14.94	6.56	5.97	5.56	12.18	12.12	11.84	11.71	12.35

December 31, 2024 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $1,197,248K ÷ $—K
= —

Fixed asset turnover is an important efficiency ratio that measures how effectively a company is utilizing its fixed assets to generate revenue. In the case of CSG Systems International Inc, the fixed asset turnover has shown some fluctuations over the past few quarters.

The fixed asset turnover ratio for CSG Systems International Inc ranged from 11.71 to 16.37 over the period from March 31, 2020, to March 31, 2024. The ratio peaked at 16.37 on March 31, 2023, indicating that the company generated $16.37 in revenue for every dollar invested in fixed assets at that time.

There was a notable decline in the fixed asset turnover ratio during the second and third quarters of 2021, dropping to as low as 5.56. This decline suggests that the company may have experienced challenges in efficiently utilizing its fixed assets to generate revenue during that period.

However, there was a significant improvement in the fixed asset turnover ratio in the following periods, reaching a high of 16.37 on March 31, 2023. This sharp increase indicates that the company improved its efficiency in generating revenue from its fixed assets.

It is important to note that the fixed asset turnover ratio for the quarters ending September 30, 2023, and December 31, 2023, as well as the following quarters, are marked as unavailable (—). This lack of data makes it challenging to provide a complete analysis of the trend in fixed asset turnover during those periods.

Overall, the trend in CSG Systems International Inc's fixed asset turnover ratio demonstrates both fluctuations and improvements in the company's efficiency in utilizing fixed assets to generate revenue over the analyzed period.