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.