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

Company name

Symbol

Total asset turnover

Vishay Intertechnology Inc

VSH

0.80