Dynavax Technologies Corporation (DVAX)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 277,246 | 232,284 | 722,683 | 439,442 | 46,551 |
| Total assets | US$ in thousands | 986,256 | 997,096 | 985,850 | 1,039,250 | 353,272 |
| Total asset turnover | 0.28 | 0.23 | 0.73 | 0.42 | 0.13 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $277,246K ÷ $986,256K
= 0.28
The total asset turnover ratio for Dynavax Technologies Corporation has shown significant fluctuations over the past five years. In December 2020, the ratio was at a low of 0.13, indicating that the company generated $0.13 in revenue for every $1 of total assets. By December 2022, the ratio had increased to 0.73, suggesting improved efficiency in utilizing its assets to generate revenue. However, this high level was not sustained as the ratio dropped to 0.23 in December 2023 and then slightly increased to 0.28 in December 2024.
Overall, the trend indicates some variability in the company's ability to generate sales from its total assets. It is important for Dynavax Technologies to analyze the factors contributing to these fluctuations to ensure efficient asset utilization and sustainable revenue generation in the future.
Peer comparison
Dec 31, 2024