Microchip Technology Inc (MCHP)

Fixed asset turnover

		Mar 31, 2025	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
Revenue (ttm)	US$ in thousands	4,401,600	4,756,900	5,496,600	6,587,100	7,634,400	8,541,300	8,944,800	8,763,700	8,438,700	8,050,200	7,638,500	7,215,100	6,820,900	6,443,800	6,038,400	5,698,100	5,438,400	5,297,700	5,233,000	5,261,300
Property, plant and equipment	US$ in thousands	—	—	—	—	—	—	—	1,185,700	1,177,900	1,113,700	1,088,300	994,900	967,900	929,900	923,700	892,200	854,700	827,400	822,100	844,000
Fixed asset turnover		—	—	—	—	—	—	—	7.39	7.16	7.23	7.02	7.25	7.05	6.93	6.54	6.39	6.36	6.40	6.37	6.23

March 31, 2025 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $4,401,600K ÷ $—K
= —

Microchip Technology Inc's fixed asset turnover has shown a positive trend over the past several quarters, indicating the company's ability to generate revenue relative to its investment in fixed assets. The ratio has steadily increased from 6.23 in June 2020 to 7.39 in June 2023, peaking at 7.39 by the end of March 2023. This suggests that the company has been utilizing its fixed assets efficiently to generate sales.

However, the fixed asset turnover ratio data is unavailable for the periods starting from September 2023 onwards, so we cannot provide a complete analysis of the most recent performance. It is important for the company to maintain or improve its fixed asset turnover ratio to ensure continued efficiency in utilizing its fixed assets to drive revenue generation.