DoubleVerify Holdings Inc (DV)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 656,849 | 572,543 | 452,418 | 332,741 | 243,917 |
| Property, plant and equipment | US$ in thousands | — | — | 47,034 | 17,575 | 18,107 |
| Fixed asset turnover | — | — | 9.62 | 18.93 | 13.47 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $656,849K ÷ $—K
= —
DoubleVerify Holdings Inc's fixed asset turnover ratio has shown a fluctuating trend over the past few years.
- In December 2020, the fixed asset turnover ratio was 13.47, indicating that the company generated $13.47 in revenue for every dollar invested in fixed assets during that period.
- By December 2021, the fixed asset turnover ratio increased to 18.93, suggesting improved efficiency in utilizing fixed assets to generate revenue.
- However, in December 2022, there was a notable decrease in the fixed asset turnover ratio to 9.62, which may indicate a decline in the company's ability to generate revenue from its fixed asset base efficiently.
- The data for December 2023 and December 2024 is not available, which makes it difficult to assess any trends or changes during those periods.
Overall, the fluctuating trend in the fixed asset turnover ratio for DoubleVerify Holdings Inc suggests varying levels of efficiency in utilizing its fixed assets to generate revenue over the years. Additional information and analysis would be needed to understand the factors driving these fluctuations and to make more informed conclusions about the company's operational efficiency.
Peer comparison
Dec 31, 2024