Lattice Semiconductor Corporation (LSCC)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 509,401 | 737,154 | 660,356 | 515,327 | 408,120 |
| Total assets | US$ in thousands | 843,903 | 840,894 | 798,713 | 726,494 | 680,067 |
| Total asset turnover | 0.60 | 0.88 | 0.83 | 0.71 | 0.60 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $509,401K ÷ $843,903K
= 0.60
Lattice Semiconductor Corporation's total asset turnover has shown variability over the past five years. The ratio increased steadily from 0.60 in December 31, 2020, to 0.88 in December 31, 2023, indicating that the company was generating more revenue relative to its total assets during this period. However, there was a slight decline to 0.60 by December 31, 2024, suggesting a possible decrease in efficiency in utilizing assets to generate sales. Overall, the trend indicates some fluctuation in asset utilization efficiency, which may require further investigation to understand the underlying factors driving these changes.
Peer comparison
Dec 31, 2024