Thryv Holdings Inc (THRY)
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 | 824,156 | 873,723 | 877,693 | 905,030 | 916,961 | 960,166 | 1,056,994 | 1,139,568 | 1,202,388 | 1,167,459 | 1,184,099 | 1,141,151 | 1,113,382 | 1,115,871 | 1,058,906 | 1,071,471 | 1,109,435 | 1,154,858 | 1,274,299 | 1,349,703 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | 38,569 | 38,115 | 42,334 | 42,144 | 45,078 | 49,965 | 50,938 | 70,269 | 76,315 | 123,281 | 98,246 | 106,444 | 112,266 | 137,522 |
| Fixed asset turnover | — | — | — | — | — | — | 27.41 | 29.90 | 28.40 | 27.70 | 26.27 | 22.84 | 21.86 | 15.88 | 13.88 | 8.69 | 11.29 | 10.85 | 11.35 | 9.81 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $824,156K ÷ $—K
= —
Thryv Holdings Inc's fixed asset turnover ratio has shown fluctuations over the periods provided. The ratio measures the efficiency of the company in generating revenue from its investment in fixed assets.
From March 31, 2020, to June 30, 2022, the fixed asset turnover ratio steadily increased from 9.81 to 26.27, indicating an improvement in the company's ability to generate sales relative to its investment in fixed assets. This trend suggests that Thryv Holdings Inc was effectively utilizing its fixed assets to generate revenue during this period.
However, from September 30, 2022, to June 30, 2023, the fixed asset turnover ratio decreased to 27.41, and further dropped to 29.90 by March 31, 2023. This decline could raise concerns about the company's asset utilization efficiency during these specific periods.
It's worth noting that the data for the periods after March 31, 2023, shows "—", indicating a lack of available data. As a result, it becomes challenging to assess the company's recent fixed asset turnover performance.
In conclusion, Thryv Holdings Inc's fixed asset turnover ratio experienced significant improvements followed by a sudden decline, highlighting the importance of closely monitoring the efficiency of the company's fixed asset utilization in generating sales. Further data would be needed to assess the company's fixed asset turnover trend beyond March 31, 2023.