Vishay Intertechnology Inc (VSH)
Total asset turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 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 | 2,668,305 | 2,834,620 | 2,987,263 | 3,063,053 |
| Total assets | US$ in thousands | 4,239,920 | 4,241,210 | 4,187,460 | 4,062,670 | 3,865,650 | 3,620,550 | 3,563,590 | 3,580,170 | 3,543,260 | 3,424,280 | 3,350,780 | 3,210,560 | 3,154,470 | 3,033,830 | 3,024,850 | 3,116,500 | 3,120,780 | 3,072,190 | 3,156,130 | 3,181,050 |
| Total asset turnover | 0.80 | 0.82 | 0.85 | 0.87 | 0.90 | 0.96 | 0.95 | 0.93 | 0.91 | 0.89 | 0.86 | 0.83 | 0.79 | 0.81 | 0.80 | 0.81 | 0.86 | 0.92 | 0.95 | 0.96 |
December 31, 2023 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $3,402,045K ÷ $4,239,920K
= 0.80
Vishay Intertechnology, Inc.'s total asset turnover has shown a declining trend over the past eight quarters, as indicated by the decreasing values from 0.96 in Q3 2022 to 0.80 in Q4 2023. This suggests that the company is generating less revenue for every dollar invested in assets. A lower total asset turnover may indicate inefficiencies in asset utilization or a decrease in sales relative to the size of the asset base. It is important for the company to closely monitor and improve its asset management practices to enhance overall operational efficiency and profitability.
Peer comparison
Dec 31, 2023