IAC Inc. (IAC)
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 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 3,807,233 | 3,875,956 | 4,048,577 | 4,210,640 | 4,365,230 | 4,553,650 | 4,743,210 | 4,994,200 | 5,235,270 | 5,148,260 | 4,771,428 | 4,238,395 | 3,789,043 | 3,478,422 | 3,342,731 | 3,239,545 | 3,047,681 | 4,920,632 | 4,837,637 | 4,799,961 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | 191,125 | 187,295 | 176,136 | 172,192 | 168,761 | 167,676 | 163,256 | 289,794 | 273,555 | 106,957 | 107,799 | 106,006 | 101,647 | 373,561 |
| Fixed asset turnover | — | — | — | — | — | — | 24.82 | 26.66 | 29.72 | 29.90 | 28.27 | 25.28 | 23.21 | 12.00 | 12.22 | 30.29 | 28.27 | 46.42 | 47.59 | 12.85 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $3,807,233K ÷ $—K
= —
The fixed asset turnover ratio for IAC Inc. has varied over the reporting periods. It stood at 12.85 as of March 31, 2020, indicating that the company generated $12.85 in sales for every dollar invested in fixed assets. The ratio then increased significantly to 47.59 by June 30, 2020, suggesting a more efficient utilization of fixed assets to generate sales.
Subsequently, the fixed asset turnover remained high, with values ranging between 28.27 and 46.42 from September 30, 2020, to December 31, 2020. This suggests that the company was effectively generating revenue from its fixed assets during this period.
The ratio experienced fluctuations in the following quarters, ranging from 12.00 to 30.29 for the period up to March 31, 2021, indicating some variability in the efficiency of utilizing fixed assets to generate sales.
From June 30, 2021, to March 31, 2024, the values fluctuated within a narrower range of 12.22 to 29.72, showcasing relatively consistent performance in terms of generating revenue from fixed assets. However, the data is missing for the latter part of 2023 and all of 2024.
Overall, the trend in the fixed asset turnover ratio for IAC Inc. indicates varying levels of efficiency in utilizing fixed assets to generate sales over the reporting periods, with some quarters showing higher efficiency than others. It would be important to analyze the underlying reasons for these fluctuations to gain a deeper understanding of the company's operational performance.
Peer comparison
Dec 31, 2024