Nextracker Inc. Class A Common Stock (NXT)

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
Revenue (ttm)	US$ in thousands	2,959,197	2,771,370	2,802,433	2,740,219	2,499,841	2,281,721	2,084,665	1,978,450	1,902,137	1,823,555	1,647,792	1,519,349	1,457,592	1,322,607	1,289,828	1,240,884	1,195,617
Property, plant and equipment	US$ in thousands	—	—	—	—	—	—	—	—	—	7,910	7,509	—	—	—	—	—	—
Fixed asset turnover		—	—	—	—	—	—	—	—	—	230.54	219.44	—	—	—	—	—	—

March 31, 2025 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $2,959,197K ÷ $—K
= —

The fixed asset turnover ratio for Nextracker Inc. Class A Common Stock reflects the company's efficiency in generating revenue relative to its investment in fixed assets. The data shows that the fixed asset turnover ratio was not available for most of the periods, indicating that there was no clear indication of how efficiently the company was utilizing its fixed assets to generate sales during those times.

However, in the latest available period as of September 30, 2022, the fixed asset turnover ratio was exceptionally high at 219.44. This indicates that Nextracker Inc. was able to generate a significant amount of revenue relative to its investment in fixed assets during that period.

Subsequently, by December 31, 2022, the fixed asset turnover ratio increased further to 230.54, suggesting an even more efficient utilization of fixed assets to generate revenue. However, the data for the following periods up to March 31, 2025, is not available, making it difficult to assess the continuity of this trend.

Overall, based on the available data, Nextracker Inc. demonstrated a significant improvement in its fixed asset turnover ratio, indicating a high level of efficiency in generating revenue from its fixed asset investments during the noted periods.