MaxLinear Inc (MXL)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 360,528 | 693,263 | 1,120,250 | 892,398 | 478,596 |
| Total assets | US$ in thousands | 864,639 | 1,080,260 | 1,180,020 | 1,050,380 | 1,022,440 |
| Total asset turnover | 0.42 | 0.64 | 0.95 | 0.85 | 0.47 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $360,528K ÷ $864,639K
= 0.42
The total asset turnover ratio for MaxLinear Inc has shown varying trends over the past five years. In December 2020, the ratio was 0.47, indicating that the company generated $0.47 in net sales for every dollar of assets it owned. This figure increased steadily to 0.85 in December 2021 and further improved to 0.95 in December 2022, suggesting improved efficiency in generating sales relative to its total assets.
However, the ratio declined in December 2023 to 0.64, which may indicate a decrease in sales generated per dollar of assets. This could be due to changes in the company's operations or market conditions impacting its asset utilization efficiency.
By December 2024, the total asset turnover ratio dropped to 0.42, reflecting a significant decline in sales generated relative to its total assets. This decrease may raise concerns about the company's ability to efficiently utilize its assets to generate revenue.
Overall, the fluctuating trend in MaxLinear Inc's total asset turnover ratio indicates varying levels of efficiency in utilizing its assets to generate sales over the analyzed period. Monitoring this ratio can provide insights into the company's operational efficiency and effectiveness in resource utilization.
Peer comparison
Dec 31, 2024