Intel Corporation (INTC)
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 | 53,264,000 | 54,364,000 | 55,781,000 | 55,667,000 | 54,506,000 | 49,818,000 | 51,609,000 | 53,222,000 | 60,233,000 | 69,226,000 | 72,142,000 | 77,425,000 | 78,200,000 | 77,539,000 | 76,698,000 | 76,709,000 | 76,997,000 | 77,332,000 | 78,200,000 | 75,050,000 |
| Property, plant and equipment | US$ in thousands | 107,919,000 | 205,372,000 | 203,571,000 | 199,239,000 | 96,647,000 | 190,474,000 | 186,726,000 | 180,284,000 | 80,860,000 | 167,180,000 | 160,823,000 | 153,814,000 | 63,245,000 | 59,733,000 | 58,166,000 | 57,330,000 | 56,584,000 | 59,205,000 | 58,036,000 | 56,770,000 |
| Fixed asset turnover | 0.49 | 0.26 | 0.27 | 0.28 | 0.56 | 0.26 | 0.28 | 0.30 | 0.74 | 0.41 | 0.45 | 0.50 | 1.24 | 1.30 | 1.32 | 1.34 | 1.36 | 1.31 | 1.35 | 1.32 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $53,264,000K ÷ $107,919,000K
= 0.49
The fixed asset turnover ratio for Intel Corporation has shown fluctuations over the years covered in the data provided. It measures the efficiency of the company in generating revenue from its fixed assets.
In the earlier periods, from March 31, 2020, to December 31, 2021, the fixed asset turnover ratio ranged between 1.24 and 1.36, indicating that Intel was effectively utilizing its fixed assets to generate sales.
However, there was a significant decline in the ratio from March 31, 2022, to March 31, 2024, with values dropping as low as 0.26. This suggests a decrease in the efficiency of Intel's fixed asset utilization during these periods.
The fluctuations in the fixed asset turnover ratio may indicate changes in Intel's business operations, investment in new assets, or shifts in sales volume relative to fixed asset investments.
Further analysis of the company's operational strategies and financial performance would be necessary to understand the reasons behind the variations in the fixed asset turnover ratio and assess the impact on Intel's overall financial health and performance.
Peer comparison
Dec 31, 2024