Lattice Semiconductor Corporation (LSCC)

Total 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	509,401	562,578	627,656	693,659	737,154	742,518	722,858	694,151	660,356	626,191	585,593	550,126	515,327	480,705	451,836	426,520	408,120	401,184	401,611	403,318
Total assets	US$ in thousands	843,903	853,661	827,520	815,599	840,894	779,622	759,071	767,629	798,713	758,945	737,128	720,926	726,494	704,839	693,552	687,584	680,067	682,431	676,030	664,205
Total asset turnover		0.60	0.66	0.76	0.85	0.88	0.95	0.95	0.90	0.83	0.83	0.79	0.76	0.71	0.68	0.65	0.62	0.60	0.59	0.59	0.61

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $509,401K ÷ $843,903K
= 0.60

Lattice Semiconductor Corporation's total asset turnover has shown fluctuations over the period from March 31, 2020, to December 31, 2024.

The total asset turnover ratio measures the efficiency of the company in generating sales from its assets. A higher total asset turnover ratio indicates that the company is utilizing its assets more effectively to generate revenue.

Lattice Semiconductor's total asset turnover ratio started at 0.61 on March 31, 2020, and experienced some fluctuations until reaching its peak at 0.95 on June 30, 2023. This peak suggests that the company was able to generate more revenue relative to its total assets during this period.

However, after June 30, 2023, the total asset turnover ratio began to decline, reaching 0.60 by December 31, 2024. This downward trend may indicate a decrease in sales generated from the company's total assets, which could be a result of various factors such as changes in the business environment, operational inefficiencies, or changes in the company's asset structure.

Overall, the trend in Lattice Semiconductor Corporation's total asset turnover ratio shows variability, with periods of improvement followed by declines. It is essential for the company to closely monitor and address the factors affecting this ratio to ensure efficient utilization of its assets and sustainable revenue generation.