NXP Semiconductors NV (NXPI)
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 | 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 |
| Total assets | US$ in thousands | 24,385,000 | 23,669,000 | 23,196,000 | 23,320,000 | 24,353,000 | 23,996,000 | 23,795,000 | 23,732,000 | 23,236,000 | 22,940,000 | 22,539,000 | 21,321,000 | 20,864,000 | 20,010,000 | 20,622,000 | 19,392,000 | 19,847,000 | 21,122,000 | 21,057,000 | 19,511,000 |
| Total asset turnover | 0.52 | 0.55 | 0.57 | 0.57 | 0.55 | 0.55 | 0.55 | 0.56 | 0.57 | 0.56 | 0.55 | 0.55 | 0.53 | 0.53 | 0.48 | 0.47 | 0.43 | 0.40 | 0.40 | 0.45 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $12,614,000K ÷ $24,385,000K
= 0.52
The total asset turnover of NXP Semiconductors NV has shown fluctuating trends over the past few years. It stood at 0.45 as of March 31, 2020, and decreased to 0.40 by June 30, 2020, and remained stable at this level through September 30, 2020. However, there was a slight improvement to 0.43 by December 31, 2020.
Subsequently, there was a noticeable increase in total asset turnover to 0.47 by March 31, 2021, and further growth to 0.48 by June 30, 2021. The trend continued positively, reaching 0.53 by both September 30, 2021, and December 31, 2021. The total asset turnover further improved to 0.55 by March 31, 2022, and maintained this level through June 30, 2022 and September 30, 2022.
Although there was a slight dip to 0.56 by December 31, 2022, the total asset turnover remained relatively stable around this level through the end of 2024 with values oscillating between 0.52 and 0.57.
In summary, NXP Semiconductors NV has generally shown an increasing trend in total asset turnover over the analyzed periods, indicating the efficiency with which the company is utilizing its assets to generate revenue.
Peer comparison
Dec 31, 2024