Vishay Intertechnology Inc (VSH)
Total 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 |
| Total assets | US$ in thousands | 4,110,700 | 4,220,360 | 4,152,700 | 4,264,060 | 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 |
| Total asset turnover | 0.71 | 0.71 | 0.75 | 0.77 | 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 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,937,587K ÷ $4,110,700K
= 0.71
Vishay Intertechnology Inc's total asset turnover ratio has been fluctuating over the past few years, ranging from 0.71 to 0.96. The ratio measures how efficiently the company is generating sales from its total assets. A higher total asset turnover ratio indicates that the company is effectively utilizing its assets to generate revenue.
From March 31, 2020, to June 30, 2022, the total asset turnover ratio showed an increasing trend, reaching a peak of 0.96, which suggests improved efficiency in utilizing assets to generate sales. However, from June 30, 2022, to December 31, 2024, the ratio trended downwards, hitting a low of 0.71. This decrease may indicate a less efficient use of assets in generating revenue during this period.
Overall, Vishay Intertechnology Inc's total asset turnover ratio has displayed variation, indicating fluctuations in the company's asset utilization efficiency over the reviewed period. Monitoring this ratio can provide insights into the company's operational efficiency and effectiveness in generating sales from its total assets.
Peer comparison
Dec 31, 2024