Insight Enterprises Inc (NSIT)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 8,701,700 | 9,175,840 | 10,431,200 | 9,436,110 | 8,340,580 |
| Property, plant and equipment | US$ in thousands | — | — | 280,420 | 176,263 | 146,016 |
| Fixed asset turnover | — | — | 37.20 | 53.53 | 57.12 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $8,701,700K ÷ $—K
= —
Insight Enterprises Inc's fixed asset turnover ratio trend indicates a decline over the years based on the provided data. The ratio decreased from 57.12 in December 31, 2020, to 53.53 in December 31, 2021, and further dropped to 37.20 in December 31, 2022.
However, it's noteworthy that there is no data given for the ratio in December 31, 2023, and December 31, 2024, suggesting a potential lack of fixed asset utilization information or data unavailability for those periods. It is crucial to monitor and understand the reasons behind the decline in fixed asset turnover to assess the efficiency of Insight Enterprises Inc's asset management and operational performance.
Peer comparison
Dec 31, 2024