Super Micro Computer Inc (SMCI)

Fixed asset turnover

		Jun 30, 2025	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
Revenue (ttm)	US$ in thousands	21,972,040	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
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
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

June 30, 2025 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $21,972,040K ÷ $—K
= —

The fixed asset turnover ratio for Super Micro Computer Inc has demonstrated a consistent upward trend from September 30, 2020, through June 30, 2023. Starting at 13.65 times in September 2020, the ratio experienced a gradual decline toward December 2020 and March 2021, reaching approximately 12.74 times by the end of Q1 2021. Subsequently, the ratio regained momentum, increasing steadily during 2021 and into 2022. Notably, by June 30, 2022, the ratio had risen to 18.17, and it further accelerated, reaching 20.69 by September 2022, and approximately 22.98 by the end of 2022. The continued increase persisted into the first half of 2023, with the ratio reaching 22.67 in March 2023 and 24.54 in June 2023.

This upward trajectory indicates that the company has been significantly improving its efficiency in using its fixed assets to generate revenue over this period. A rising fixed asset turnover ratio suggests better utilization of fixed assets, possibly driven by operational efficiencies, technological upgrades, or strategic asset management. The consistent increase from the mid-2022 levels suggests a strengthening of the company’s asset productivity.

Data beyond June 2023 are not available for subsequent periods, implying that the trend’s continuation cannot be assessed from the provided information. Overall, the trajectory points toward a positive development in fixed asset utilization efficiency during the analyzed timeframe.