Vishay Intertechnology Inc (VSH)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,937,590 | 3,402,040 | 3,497,400 | 3,240,490 | 2,501,900 |
| Property, plant and equipment | US$ in thousands | — | — | 1,261,650 | 1,097,110 | 943,165 |
| Fixed asset turnover | — | — | 2.77 | 2.95 | 2.65 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $2,937,590K ÷ $—K
= —
Based on the provided data, Vishay Intertechnology Inc's fixed asset turnover ratio has shown a positive trend over the years.
In 2020, the company had a fixed asset turnover ratio of 2.65, indicating that for every dollar invested in fixed assets, the company generated $2.65 in revenue.
By the end of 2021, the ratio improved to 2.95, suggesting the company was more efficient in generating revenue from its fixed assets.
The ratio slightly dipped to 2.77 by the end of 2022, but still remained relatively high, indicating continued efficiency in asset utilization.
The data for 2023 and 2024 is not available, but the trend seen up to 2022 suggests that Vishay Intertechnology Inc has generally been effective in utilizing its fixed assets to generate revenue.
Overall, the increasing trend in the fixed asset turnover ratio reflects positively on the company's operational efficiency and indicates a potential ability to generate revenue from its fixed assets.
Peer comparison
Dec 31, 2024