Sensata Technologies Holding NV (ST)

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 3,933,732 4,018,536 4,036,804 4,062,614 4,054,079 4,076,265 4,093,235 4,051,675 4,029,270 3,949,187 3,881,938 3,854,048 3,820,806 3,792,700 3,629,992 3,213,837 3,045,578 2,985,778 3,047,180 3,354,401
Property, plant and equipment US$ in thousands 874,126 858,760 848,033 840,819 831,587 825,862 822,633 820,933 805,202 801,342 796,419 803,825 807,092 815,872 824,553
Fixed asset turnover 4.66 4.77 4.78 4.79 4.75 4.70 4.69 4.65 4.71 4.53 4.04 3.79 3.70 3.73 4.07

December 31, 2024 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $3,933,732K ÷ $—K
= —

The fixed asset turnover ratio for Sensata Technologies Holding NV has exhibited a positive trend over the past several quarters, indicating efficiency in the utilization of its fixed assets to generate revenue.

From March 31, 2020, to June 30, 2022, the fixed asset turnover ratio consistently increased from 4.07 to 4.70. This upward trajectory suggests that Sensata has been able to generate more sales relative to its investment in fixed assets during this period.

Although there was a slight dip in the ratio in the subsequent quarters, it remained relatively high, indicating continued effectiveness in utilizing fixed assets efficiently. The ratio peaked at 4.79 on December 31, 2022, before moderating slightly to 4.66 by September 30, 2023.

The absence of data for the fixed asset turnover ratio from December 31, 2023, onward may be due to various reasons such as changes in reporting practices or data availability. Further analysis would be required to assess the impact of this missing data on the overall trend of fixed asset turnover for Sensata Technologies Holding NV.