Vishay Intertechnology Inc (VSH)
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 | 2,937,587 | 3,008,107 | 3,126,407 | 3,277,278 | 3,402,045 | 3,472,107 | 3,543,252 | 3,514,654 | 3,497,401 | 3,485,175 | 3,374,040 | 3,329,648 | 3,240,487 | 3,064,595 | 2,891,092 | 2,653,689 | 2,501,898 | 2,444,295 | 2,432,464 | 2,535,987 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 1,308,180 | 1,172,520 | 1,142,690 | 1,261,650 | 988,781 | 970,568 | 970,407 | 1,097,110 | 924,957 | 1,022,420 | 917,268 | 943,165 | 917,224 | 921,177 | 924,482 |
| Fixed asset turnover | — | — | — | — | — | 2.65 | 3.02 | 3.08 | 2.77 | 3.52 | 3.48 | 3.43 | 2.95 | 3.31 | 2.83 | 2.89 | 2.65 | 2.66 | 2.64 | 2.74 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $2,937,587K ÷ $—K
= —
Vishay Intertechnology Inc's fixed asset turnover ratio has shown some variability over the periods provided. The fixed asset turnover ratio measures how efficiently the company is utilizing its fixed assets to generate revenue.
From March 2020 to June 2022, the fixed asset turnover ratio increased steadily, indicating an improvement in the company's ability to generate sales from its fixed assets. This suggests that Vishay Intertechnology Inc was becoming more efficient in utilizing its fixed assets during this period.
However, there was a slight dip in the ratio in December 2022, followed by a fluctuating trend in the subsequent periods up to September 2023. The ratio then dropped significantly in the last reported period of September 2023, which could indicate a potential decline in asset utilization efficiency during that particular quarter.
It is worth noting that the fixed asset turnover ratio was not reported for the periods from December 2023 to December 2024, making it difficult to assess the trend for the most recent quarters.
Overall, while there have been fluctuations in Vishay Intertechnology Inc's fixed asset turnover ratio, the general trend from March 2020 to September 2023 suggests an improvement in asset utilization efficiency, with some variability in the more recent periods.
Peer comparison
Dec 31, 2024