InterDigital Inc (IDCC)

Fixed asset turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 871,346 516,955 406,489 407,069 329,455
Property, plant and equipment US$ in thousands 18,544 11,566 11,338 13,377 16,630
Fixed asset turnover 46.99 44.70 35.85 30.43 19.81

December 31, 2024 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $871,346K ÷ $18,544K
= 46.99

InterDigital Inc's fixed asset turnover has shown a consistent upward trend from 19.81 in December 31, 2020, to 46.99 in December 31, 2024. This indicates that the company is generating a higher level of revenue relative to its investment in fixed assets, reflecting increased efficiency in asset utilization over the years. The significant improvement in fixed asset turnover suggests that InterDigital Inc has been able to generate more sales from each dollar invested in fixed assets, which can signify operational efficiency and effective management of assets. This trend is encouraging as it indicates the company's ability to generate more revenue from its fixed assets, which can positively impact profitability and overall financial performance.


Peer comparison

Dec 31, 2024

Company name
Symbol
Fixed asset turnover
InterDigital Inc
IDCC
46.99
Dolby Laboratories
DLB
2.66
Marathon Digital Holdings Inc
MARA
0.58