Thryv Holdings Inc (THRY)
Fixed asset turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 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 | 1,421,374 | 1,552,602 | 1,642,262 | 1,724,221 |
| 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 | 140,558 | 98,708 | — | — |
| 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 | 10.11 | 15.73 | — | — |
December 31, 2023 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $916,961K ÷ $—K
= —
Thryv Holdings Inc's fixed asset turnover has exhibited a generally increasing trend over the past eight quarters, with the most recent value recorded at 23.76 in Q4 2023. The company's fixed asset turnover ratio peaked at 29.90 in Q1 2023, reflecting a significant level of revenue generated in relation to its investment in fixed assets. This indicates that Thryv Holdings Inc is efficiently utilizing its fixed assets to generate sales revenue. The sustained high fixed asset turnover ratios suggest an effective management of the company's fixed assets to drive productivity and profitability. It is essential for investors and stakeholders to closely monitor this metric to assess Thryv Holdings Inc's operational efficiency and capital utilization.