Power Integrations Inc (POWI)
Fixed 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 | 418,973 | 403,230 | 412,904 | 429,929 | 444,538 | 479,801 | 514,523 | 575,286 | 651,138 | 699,022 | 715,565 | 711,689 | 703,277 | 681,316 | 625,669 | 552,391 | 488,318 | 452,082 | 445,112 | 441,145 |
| Property, plant and equipment | US$ in thousands | 149,562 | 153,313 | 153,785 | 159,945 | 164,213 | 166,391 | 168,066 | 173,506 | 176,681 | 181,224 | 184,245 | 180,073 | 179,824 | 168,498 | 167,079 | 168,712 | 166,188 | 147,719 | 138,572 | 123,430 |
| Fixed asset turnover | 2.80 | 2.63 | 2.68 | 2.69 | 2.71 | 2.88 | 3.06 | 3.32 | 3.69 | 3.86 | 3.88 | 3.95 | 3.91 | 4.04 | 3.74 | 3.27 | 2.94 | 3.06 | 3.21 | 3.57 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $418,973K ÷ $149,562K
= 2.80
Power Integrations Inc's fixed asset turnover has fluctuated over the years, indicating varying levels of efficiency in utilizing its fixed assets to generate sales. The ratio peaked at 4.04 in September 2021, signifying that for every dollar invested in fixed assets, the company generated $4.04 in sales. This suggests a high level of asset utilization during that period. However, the ratio gradually declined to 2.80 by December 2024, indicating a reduction in efficiency in generating sales from fixed assets. The trend suggests that the company may need to reassess its fixed asset management strategies to improve productivity and profitability in the future.
Peer comparison
Dec 31, 2024