Light & Wonder Inc (LNW)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,893,000 | 2,549,000 | 2,038,000 | 2,049,000 | 2,286,000 |
| Property, plant and equipment | US$ in thousands | 286,000 | 236,000 | 204,000 | 213,000 | 242,000 |
| Fixed asset turnover | 10.12 | 10.80 | 9.99 | 9.62 | 9.45 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $2,893,000K ÷ $286,000K
= 10.12
The fixed asset turnover ratio of Light & Wonder Inc has shown a consistent growth trend over the years, indicating an efficient utilization of its fixed assets to generate sales. The ratio increased from 9.45 in December 31, 2020, to 10.12 in December 31, 2024, peaking at 10.80 in December 31, 2023. This steady improvement implies that the company has been successful in generating more revenue from its fixed assets, reflecting operational efficiency and effective management of its asset base. Overall, the increasing fixed asset turnover ratio suggests that Light & Wonder Inc has been maximizing the productivity of its fixed assets, which is a positive indicator of the company's operational performance and financial health.
Peer comparison
Dec 31, 2024