Super Micro Computer Inc (SMCI)

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	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020
Revenue (ttm)	US$ in thousands	21,569,720	20,819,880	18,806,840	14,989,250	11,819,520	9,252,750	7,391,030	7,123,490	6,574,090	6,646,280	6,015,500	5,196,100	4,629,620	4,170,011	3,827,897	3,557,417	3,384,563	3,261,090	3,301,727	3,339,281
Property, plant and equipment	US$ in thousands	—	—	—	—	—	—	—	290,240	290,038	289,255	290,752	285,972	282,319	280,282	284,148	274,713	265,566	255,406	241,852	257,569
Fixed asset turnover		—	—	—	—	—	—	—	24.54	22.67	22.98	20.69	18.17	16.40	14.88	13.47	12.95	12.74	12.77	13.65	12.96

March 31, 2025 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $21,569,720K ÷ $—K
= —

The fixed asset turnover ratio for Super Micro Computer Inc. demonstrates a notable upward trend spanning from June 30, 2020, through December 31, 2022. Starting at a value of 12.96 in June 2020, the ratio gradually increased with minor fluctuations, reaching 13.65 by September 2020, then slightly declining to 12.77 by December 2020. Throughout 2021, the ratio continued to improve, culminating in a notable jump to 14.88 at the end of that year. The upward momentum persisted into 2022, with the ratio rising significantly to 16.40 by March, further increasing to 18.17 by June 2022, and reaching 20.69 by September 2022. The most substantial growth occurred between September 2022 and December 2022, where the ratio nearly doubled, arriving at 22.98.

This consistent increase indicates that the company has become more efficient in generating sales relative to its fixed assets over this period. The rising fixed asset turnover suggests effective utilization of property, plant, and equipment to support increasing sales volumes or improved operational efficiency.

Data beyond December 2022 remains unavailable, with the metric not reported for subsequent periods up to March 2025. Consequently, a further assessment of whether this upward trajectory has continued cannot be provided. Nevertheless, the observed trend up to late 2022 reflects a positive trajectory in asset utilization efficiency for Super Micro Computer Inc.