Sensata Technologies Holding NV (ST)

Fixed asset turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	US$ in thousands	3,932,760	4,054,080	4,029,260	3,820,810	3,045,580
Property, plant and equipment	US$ in thousands	—	—	840,819	820,933	803,825
Fixed asset turnover		—	—	4.79	4.65	3.79

December 31, 2024 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $3,932,760K ÷ $—K
= —

The fixed asset turnover ratio measures a company's ability to generate revenue from its investment in fixed assets such as property, plant, and equipment. Looking at the data provided for Sensata Technologies Holding NV, we see the following trend in the fixed asset turnover ratio over the years:

- In December 31, 2020, the fixed asset turnover ratio was 3.79, indicating that for every dollar invested in fixed assets, the company generated $3.79 in revenue.
- By December 31, 2021, the fixed asset turnover ratio improved to 4.65, suggesting an increase in the efficiency of utilizing fixed assets to generate revenue.
- The trend continued to improve in December 31, 2022, with the fixed asset turnover ratio reaching 4.79, signaling further enhancement in the company's ability to generate revenue from its fixed assets.

However, there is no data available for December 31, 2023 and 2024, which could be due to missing information or changes in reporting. It is important to note that a higher fixed asset turnover ratio generally indicates better efficiency in asset utilization and can be a positive signal of operational performance and profitability for the company.

In conclusion, based on the available data, Sensata Technologies Holding NV has shown an increasing trend in its fixed asset turnover ratio from 2020 to 2022, suggesting improved efficiency in generating revenue from its fixed assets. Further monitoring and analysis of future data points are essential to assess the ongoing performance and effectiveness of the company's asset utilization strategy.