System1(Sst) Financials: Fixed Asset Turnover Compared To Industry Average, Plus Other Key Ratios
Growth Trend (Last 5 Years)
Growth - fixed asset turnover
This chart shows the historical trend of fixed asset turnover for SST compared to its industry average over the recent years.
Ratio Definition and Interpretation
Name: Fixed Asset Turnover
Definition: Fixed asset turnover shows how well the company’s long-term physical assets — factories, equipment, property — are being used to generate sales. A high ratio means the company’s facilities are productive and efficient. A low ratio might signal underused assets or over-investment in equipment that isn’t driving enough sales.
Interpretation:
• In '2021', SST's fixed asset turnover was 829.38, illustrating how efficiently fixed assets are generating revenue. Industry average for Computer Software: Programming Data Processing in '2021' stood at 3.99.
• In '2023', SST's fixed asset turnover was 46.04, illustrating how efficiently fixed assets are generating revenue. The decline from '2021' may indicate some operational or financial challenges. Industry average for Computer Software: Programming Data Processing in '2023' stood at 4.08. Industry average increased by 0.09 compared to previous year.
• In '2024', SST's fixed asset turnover was 54.75, illustrating how efficiently fixed assets are generating revenue. The increase since '2023' reflects strengthening financial performance. Industry average for Computer Software: Programming Data Processing in '2024' stood at 4.35. Industry average increased by 0.27 compared to previous year.
Overall, SST's fixed asset turnover has been volatile but showed a downward trend over the past 3 years.
Formula: Fixed Asset Turnover = Net Sales / Net Fixed Assets
Good Range: Ranges from 1 to 5 depending on asset intensity.