NXP Semiconductors NV (NXPI)

Fixed 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	12,614,000	12,925,000	13,109,000	13,281,000	13,276,000	13,166,000	13,177,000	13,190,000	13,205,000	12,932,000	12,348,000	11,632,000	11,063,000	10,531,000	9,937,000	9,158,000	8,612,000	8,406,000	8,404,000	8,852,000
Property, plant and equipment	US$ in thousands	—	—	—	—	—	3,197,000	—	—	2,690,000	2,971,000	2,914,000	—	2,635,000	2,510,000	2,375,000	2,304,000	2,297,000	2,470,000	2,528,000	2,610,000
Fixed asset turnover		—	—	—	—	—	4.12	—	—	4.91	4.35	4.24	—	4.20	4.20	4.18	3.97	3.75	3.40	3.32	3.39

December 31, 2024 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $12,614,000K ÷ $—K
= —

The fixed asset turnover ratio measures how efficiently a company is utilizing its fixed assets to generate revenue. For NXP Semiconductors NV, the trend in the fixed asset turnover ratio has been generally positive over the analyzed periods. From March 31, 2020, to December 31, 2024, the ratio has steadily increased from 3.39 to 4.91.

This indicates that NXP Semiconductors NV has been able to generate more revenue per dollar invested in fixed assets over time, reflecting a more efficient utilization of its fixed assets. A higher fixed asset turnover ratio signifies that the company is effectively managing and utilizing its fixed assets to drive sales and overall business performance.

However, it is noted that there are missing data points in the analysis, particularly for some quarters in 2022 and beyond, which may impact the overall trend and interpretation of the fixed asset turnover ratio for NXP Semiconductors NV. Further analysis and additional data would be needed to assess the trend and performance more accurately over the coming periods.