PDF Solutions Inc (PDFS)
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 | 179,465 | 170,505 | 166,446 | 166,386 | 165,835 | 165,233 | 162,743 | 155,810 | 148,549 | 137,912 | 127,607 | 120,358 | 111,060 | 103,541 | 97,098 | 91,088 | 88,046 | 88,241 | 87,043 | 86,202 |
Total assets | US$ in thousands | 315,289 | 307,351 | 297,999 | 286,823 | 290,136 | 282,453 | 290,272 | 279,288 | 278,671 | 265,975 | 249,167 | 265,577 | 273,768 | 275,224 | 273,670 | 271,131 | 287,580 | 310,608 | 233,696 | 239,357 |
Total asset turnover | 0.57 | 0.55 | 0.56 | 0.58 | 0.57 | 0.58 | 0.56 | 0.56 | 0.53 | 0.52 | 0.51 | 0.45 | 0.41 | 0.38 | 0.35 | 0.34 | 0.31 | 0.28 | 0.37 | 0.36 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $179,465K ÷ $315,289K
= 0.57
PDF Solutions Inc's total asset turnover has shown a general increasing trend over the past few years, starting at 0.36 in March 2020 and reaching 0.57 by December 2024. This indicates that the company is generating more revenue relative to its total assets, reflecting an efficient use of assets to drive sales. The consistent improvement in total asset turnover suggests that PDF Solutions Inc has been able to enhance its operational efficiency and productivity, resulting in better utilization of its assets to generate sales. This trend is positive as it signifies that the company is effectively managing its assets to drive revenue growth.
Peer comparison
Dec 31, 2024