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.