Viavi Solutions Inc (VIAV)
Fixed asset turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,084,300 | 1,000,400 | 1,106,100 | 1,292,400 | 1,198,900 |
| Property, plant and equipment | US$ in thousands | — | — | 243,000 | 228,900 | 196,000 |
| Fixed asset turnover | — | — | 4.55 | 5.65 | 6.12 |
June 30, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $1,084,300K ÷ $—K
= —
The fixed asset turnover ratio for Viavi Solutions Inc. has exhibited a declining trend over the period from June 30, 2021, to June 30, 2023. Specifically, the ratio was 6.12 in 2021, decreased to 5.65 in 2022, and further declined to 4.55 in 2023. This downward movement indicates that the company has been generating less revenue for each dollar of fixed assets over this time frame.
The decrease from 6.12 to 4.55 over two years suggests a reduction in asset efficiency, potentially due to increased asset base without a proportional increase in revenue, changes in operational strategies, or shifts in product demand. The absence of data beyond June 2023 prevents further analysis of subsequent trends, but the observed decline underscores a potential movement towards lower asset utilization efficiency during this period.
Overall, the trend points to a diminishing effectiveness in leveraging fixed assets to generate sales, which may warrant further investigation into underlying operational or strategic factors affecting asset productivity.
Peer comparison
Jun 30, 2025