Visteon Corp (VC)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,866,000 | 3,954,000 | 3,756,000 | 2,773,000 | 2,548,000 |
| Property, plant and equipment | US$ in thousands | — | — | 488,000 | 527,000 | 608,000 |
| Fixed asset turnover | — | — | 7.70 | 5.26 | 4.19 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $3,866,000K ÷ $—K
= —
The fixed asset turnover ratio of Visteon Corp has shown a positive trend over the years, increasing from 4.19 in December 2020 to 5.26 in December 2021 and further to 7.70 in December 2022. This indicates that the company is generating more revenue relative to its investment in fixed assets, reflecting efficient utilization of these assets to generate sales. However, the absence of data for December 2023 and 2024 makes it difficult to assess the trend in subsequent years. Overall, the increasing trend in fixed asset turnover ratio suggests that Visteon Corp has been effectively managing and utilizing its fixed assets to drive sales growth.
Peer comparison
Dec 31, 2024