PDF Solutions Inc (PDFS)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 179,465 | 165,835 | 148,549 | 111,060 | 88,046 |
| Property, plant and equipment | US$ in thousands | — | — | 40,174 | 40,703 | 39,242 |
| Fixed asset turnover | — | — | 3.70 | 2.73 | 2.24 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $179,465K ÷ $—K
= —
PDF Solutions Inc's fixed asset turnover has shown a positive trend over the past few years. The ratio increased from 2.24 in December 31, 2020, to 3.70 in December 31, 2022. This indicates that the company is generating more revenue relative to its investment in fixed assets, reflecting improved efficiency in asset utilization. However, the lack of data for December 31, 2023, and December 31, 2024, limits our ability to assess the continued trend. Overall, the increasing fixed asset turnover suggests that PDF Solutions Inc has been effectively utilizing its fixed assets to drive revenue growth.
Peer comparison
Dec 31, 2024