DoubleVerify Holdings Inc (DV)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 656,849 | 638,459 | 612,877 | 590,731 | 572,543 | 533,948 | 502,228 | 478,289 | 452,418 | 424,315 | 395,159 | 361,878 | 332,741 | 305,849 | 283,788 | 260,284 | 243,917 | 222,962 | 208,291 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 117,244 | 117,292 | 48,842 | 47,034 | 42,511 | 24,958 | 19,152 | 17,575 | 16,693 | 17,572 | 18,948 | 18,107 | 17,548 | — |
| Fixed asset turnover | — | — | — | — | — | 4.55 | 4.28 | 9.79 | 9.62 | 9.98 | 15.83 | 18.90 | 18.93 | 18.32 | 16.15 | 13.74 | 13.47 | 12.71 | — |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $656,849K ÷ $—K
= —
The fixed asset turnover ratio of DoubleVerify Holdings Inc has shown fluctuation over the period specified.
The trend indicates a significant increase in fixed asset turnover from September 2020 to March 2022, reaching its peak in December 2021. This suggests that the company was able to generate more revenue from its fixed assets during this period.
However, from June 2022 onwards, the fixed asset turnover ratio started to decline, with a substantial drop observed in the most recent data points of June 2023 and September 2023, indicating that the company may not be efficiently utilizing its fixed assets to generate revenue.
It is important for stakeholders to monitor this trend closely to understand the underlying reasons for the decline in fixed asset turnover and to assess the company's operational efficiency and future growth prospects in relation to its fixed assets.
Peer comparison
Dec 31, 2024