NCR Voyix Corporation (VYX)
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 | 2,826,000 | 3,412,000 | 4,718,000 | 5,828,000 | 6,857,000 | 7,903,000 | 7,858,000 | 7,869,000 | 7,844,000 | 7,869,000 | 7,798,000 | 7,478,000 | 7,156,000 | 6,753,000 | 6,441,000 | 6,248,000 | 6,207,000 | 6,462,000 | 6,656,000 | 6,882,000 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 1,029,000 | 1,030,000 | 1,034,000 | 1,034,000 | 997,000 | — | — | — | — | — | — | — | — | — | — |
| Fixed asset turnover | — | — | — | — | — | 7.68 | 7.63 | 7.61 | 7.59 | 7.89 | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $2,826,000K ÷ $—K
= —
Fixed asset turnover is a financial ratio that measures a company's ability to generate revenue from its investment in fixed assets, such as property, plant, and equipment. A higher fixed asset turnover ratio indicates that the company is generating more sales from its fixed assets.
In the case of NCR Voyix Corporation, the fixed asset turnover ratio has shown a consistent trend over the past few quarters. From September 30, 2022, to September 30, 2023, the ratio increased steadily from 7.89 to 7.68, indicating that the company was able to generate more sales relative to its investment in fixed assets during this period.
However, there is missing data for the subsequent quarters, with no values reported from December 31, 2023, onwards. Without this data, it is difficult to fully assess the current status of NCR Voyix Corporation's fixed asset turnover.
Overall, based on the available information, the company's fixed asset turnover ratio has shown improvement until September 30, 2023, suggesting effective utilization of fixed assets to drive revenue. Further data for the subsequent periods could provide a more comprehensive picture of the company's performance in this aspect.