Dynavax Technologies Corporation (DVAX)
Total 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 | 277,247 | 260,811 | 249,695 | 236,149 | 232,284 | 361,180 | 459,401 | 655,616 | 722,683 | 733,261 | 673,796 | 470,099 | 439,442 | 263,922 | 169,066 | 118,967 | 46,551 | 37,571 | 34,732 | 40,365 |
Total assets | US$ in thousands | 986,256 | 1,061,990 | 1,016,320 | 986,565 | 997,096 | 972,933 | 936,432 | 969,922 | 985,850 | 999,337 | 1,023,000 | 1,008,980 | 1,039,250 | 919,711 | 647,909 | 490,119 | 353,272 | 353,395 | 329,314 | 259,256 |
Total asset turnover | 0.28 | 0.25 | 0.25 | 0.24 | 0.23 | 0.37 | 0.49 | 0.68 | 0.73 | 0.73 | 0.66 | 0.47 | 0.42 | 0.29 | 0.26 | 0.24 | 0.13 | 0.11 | 0.11 | 0.16 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $277,247K ÷ $986,256K
= 0.28
Dynavax Technologies Corporation's total asset turnover ratio has shown fluctuation over the period from March 31, 2020, to December 31, 2024. The ratio started at a low of 0.16 in March 2020, indicating that the company generated $0.16 in revenue for every dollar of assets it held at that time.
The ratio decreased to 0.11 by June 2020 and remained at that level for the next two quarters. This suggests that the company was less efficient in utilizing its assets to generate revenue during this period.
Starting from March 2021, there was a noticeable increase in the total asset turnover ratio, reaching as high as 0.73 by September 30, 2022. This improvement indicates that Dynavax Technologies was able to generate more revenue for each dollar of assets invested, reflecting increased efficiency in asset utilization.
However, the ratio declined after September 2022, falling to 0.23 by December 31, 2023, before gradually recovering to 0.28 by December 31, 2024. This decline could suggest potential challenges in maintaining or improving asset efficiency during this period.
Overall, Dynavax Technologies Corporation experienced fluctuations in its total asset turnover ratio over the analyzed period, with a mix of improvements and declines in asset utilization efficiency. Monitoring this ratio going forward will be key to assessing the company's ability to generate revenue from its investment in assets.
Peer comparison
Dec 31, 2024