Teradata Corp (TDC)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,750,000 | 1,833,000 | 1,795,000 | 1,917,000 | 1,836,000 |
| Property, plant and equipment | US$ in thousands | — | — | 257,000 | 314,000 | 377,000 |
| Fixed asset turnover | — | — | 6.98 | 6.11 | 4.87 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $1,750,000K ÷ $—K
= —
Teradata Corp's fixed asset turnover ratio has shown a positive trend over the years, indicating an improvement in the company's efficiency in generating sales from its investment in fixed assets.
The ratio increased from 4.87 in December 31, 2020, to 6.11 in December 31, 2021, and further to 6.98 in December 31, 2022. This suggests that Teradata Corp has been able to generate more revenue for each dollar invested in fixed assets during these years.
However, it is noteworthy that the data for December 31, 2023 and December 31, 2024 is not available (marked as "—"), which makes it difficult to analyze the trend for these years.
Overall, the increasing trend in fixed asset turnover indicates that Teradata Corp has been utilizing its fixed assets more efficiently to drive sales growth. This can be seen as a positive indicator of the company's operational efficiency and effectiveness in utilizing its asset base.
Peer comparison
Dec 31, 2024