IAC Inc. (IAC)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,807,230 | 4,365,240 | 5,235,280 | 3,699,630 | 2,764,540 |
| Property, plant and equipment | US$ in thousands | — | — | 176,136 | 163,256 | 107,799 |
| Fixed asset turnover | — | — | 29.72 | 22.66 | 25.65 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $3,807,230K ÷ $—K
= —
Fixed asset turnover is a financial ratio that measures how efficiently a company generates revenue from its investment in fixed assets. It indicates the company's ability to utilize its fixed assets to generate sales.
Looking at the data provided for IAC Inc., we observe fluctuations in the fixed asset turnover ratio over the years. In 2020, the fixed asset turnover ratio was 25.65, which indicates that for each dollar invested in fixed assets, the company generated $25.65 in sales.
In 2021, the fixed asset turnover ratio decreased to 22.66, suggesting a decrease in the efficiency of the company's fixed asset utilization in generating revenue. However, in 2022, there was a significant improvement as the ratio increased to 29.72, indicating better utilization of fixed assets to generate sales.
Unfortunately, the data for 2023 and 2024 is not available, marked with "—", which makes it challenging to assess the trend or provide a comprehensive analysis for these years.
Overall, the fluctuation in the fixed asset turnover ratio of IAC Inc. indicates varying levels of efficiency in utilizing its fixed assets to generate revenue. It would be beneficial for stakeholders to monitor this ratio closely to understand the company's operational efficiency and capital utilization in the long term.
Peer comparison
Dec 31, 2024