Light & Wonder Inc (LNW)
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 | 2,887,000 | 2,857,000 | 2,781,000 | 2,655,000 | 2,559,000 | 2,515,000 | 2,782,000 | 2,545,000 | 2,403,000 | 2,721,000 | 2,166,000 | 2,415,000 | 2,454,000 | 2,354,000 | 2,413,000 | 2,057,000 | 2,032,000 | 2,455,000 | 2,744,000 | 3,186,000 |
| Property, plant and equipment | US$ in thousands | 286,000 | 281,000 | 269,000 | 246,000 | 236,000 | 229,000 | 214,000 | 214,000 | 204,000 | 202,000 | 205,000 | 197,000 | 213,000 | 218,000 | 391,000 | 406,000 | 242,000 | 434,000 | 447,000 | 474,000 |
| Fixed asset turnover | 10.09 | 10.17 | 10.34 | 10.79 | 10.84 | 10.98 | 13.00 | 11.89 | 11.78 | 13.47 | 10.57 | 12.26 | 11.52 | 10.80 | 6.17 | 5.07 | 8.40 | 5.66 | 6.14 | 6.72 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $2,887,000K ÷ $286,000K
= 10.09
The fixed asset turnover ratio for Light & Wonder Inc has shown fluctuations over the reporting period, ranging from a low of 5.07 in March 2021 to a high of 13.47 in September 2022. This ratio measures how efficiently the company is generating revenue from its fixed assets, with a higher ratio indicating better utilization of these assets to generate sales.
Overall, there is a general upward trend in the fixed asset turnover ratio from 2020 to 2022, suggesting that the company has been more effective in generating sales relative to its investment in fixed assets during this period. However, there was a slight decrease in the ratio towards the end of 2024, indicating a potential decline in efficiency in utilizing fixed assets to generate revenue.
It is important for Light & Wonder Inc to closely monitor and analyze the factors influencing the fixed asset turnover ratio to ensure continued efficiency in its operations and strategic allocation of resources.
Peer comparison
Dec 31, 2024