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.
Peer comparison
Dec 31, 2024