Visteon Corp (VC)
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 | 3,866,000 | 3,917,000 | 3,951,000 | 3,920,000 | 3,954,000 | 4,028,000 | 4,040,000 | 3,905,000 | 3,756,000 | 3,478,000 | 3,083,000 | 2,845,000 | 2,773,000 | 2,774,000 | 2,890,000 | 2,651,000 | 2,548,000 | 2,505,000 | 2,489,000 | 2,851,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | — | 367,000 | 365,000 | 488,000 | 456,000 | 472,000 | 374,000 | 527,000 | 541,000 | 567,000 | 414,000 | 608,000 | 418,000 | 416,000 | 420,000 |
| Fixed asset turnover | — | — | — | — | — | — | 11.01 | 10.70 | 7.70 | 7.63 | 6.53 | 7.61 | 5.26 | 5.13 | 5.10 | 6.40 | 4.19 | 5.99 | 5.98 | 6.79 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $3,866,000K ÷ $—K
= —
The fixed asset turnover ratio measures a company's ability to generate revenue from its investment in fixed assets. A higher fixed asset turnover ratio indicates more efficient asset utilization.
Analyzing Visteon Corp's fixed asset turnover ratio over the specified periods shows it has fluctuated. The ratio was stable around 5-6 for most of the quarters in 2020 and 2021, indicating a decent level of asset turnover. There was a notable increase in the ratio in the first half of 2022, reaching levels above 7, indicating improved efficiency in generating revenue from fixed assets.
By March 31, 2023, and June 30, 2023, the fixed asset turnover ratio peaked significantly at 10.70 and 11.01, respectively. This sharp increase suggests Visteon Corp significantly improved its ability to generate revenue relative to its investment in fixed assets during these quarters.
However, there is missing data from September 30, 2023, onwards. Further analysis beyond June 2023 is not possible with the provided data. Nonetheless, the trend observed until June 2023 indicates that Visteon Corp may have made positive strides in optimizing its fixed asset utilization and revenue generation efficiency.
Peer comparison
Dec 31, 2024