Xencor Inc (XNCR)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 110,493 | 168,338 | 164,579 | 275,111 | 122,694 |
| Property, plant and equipment | US$ in thousands | — | — | 93,602 | 59,970 | 21,682 |
| Fixed asset turnover | — | — | 1.76 | 4.59 | 5.66 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $110,493K ÷ $—K
= —
Fixed asset turnover is a financial ratio that measures a company's ability to generate revenue from its fixed assets. Xencor Inc's fixed asset turnover has exhibited a declining trend over the years. In 2020, the ratio was 5.66, indicating that the company generated $5.66 in revenue for every dollar invested in fixed assets. This ratio decreased to 4.59 in 2021 and further dropped to 1.76 in 2022, suggesting a decreasing efficiency in utilizing fixed assets to generate sales.
However, there is missing data for the years 2023 and 2024, denoted by "—". This lack of information hinders a complete assessment of Xencor Inc's fixed asset turnover for those years and makes it challenging to determine the direction of the trend.
Overall, the declining trend in fixed asset turnover points towards potential inefficiencies in utilizing fixed assets to generate revenue. It is crucial for Xencor Inc to closely monitor and optimize its asset utilization to improve operational efficiency and profitability.
Peer comparison
Dec 31, 2024