Align Technology Inc. operates in 3 regions: U.S.; Switzerland; and Other International.
Area Asset Turnover
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
U.S. | 7.73 | 8.19 | 6.09 | 7.07 | 7.35 |
Switzerland | 2.28 | 3.05 | 3.14 | — | — |
Other International | 1.42 | 1.60 | 1.48 | 2.38 | 2.47 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
Area activity ratio | Geographic area | The company |
---|---|---|
Area asset turnover | U.S. | U.S. area asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. |
Switzerland | Switzerland area asset turnover ratio deteriorated from 2020 to 2021 and from 2021 to 2022. | |
Other International | Other International area asset turnover ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022. |
Area Asset Turnover: U.S.
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||
Net revenues | 1,660,045) | 1,724,296) | 1,099,564) | 1,161,959) | 1,023,559) |
Long-lived assets | 214,804) | 210,582) | 180,539) | 164,451) | 139,239) |
Area Activity Ratio | |||||
Area asset turnover1 | 7.73 | 8.19 | 6.09 | 7.07 | 7.35 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Area asset turnover = Net revenues ÷ Long-lived assets
= 1,660,045 ÷ 214,804 = 7.73
Area activity ratio | Geographic area | The company |
---|---|---|
Area asset turnover | U.S. | U.S. area asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. |
Area Asset Turnover: Switzerland
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||
Net revenues | 1,216,094) | 1,353,229) | 809,080) | —) | —) |
Long-lived assets | 532,921) | 444,205) | 257,337) | —) | —) |
Area Activity Ratio | |||||
Area asset turnover1 | 2.28 | 3.05 | 3.14 | — | — |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Area asset turnover = Net revenues ÷ Long-lived assets
= 1,216,094 ÷ 532,921 = 2.28
Area activity ratio | Geographic area | The company |
---|---|---|
Area asset turnover | Switzerland | Switzerland area asset turnover ratio deteriorated from 2020 to 2021 and from 2021 to 2022. |
Area Asset Turnover: Other International
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||
Net revenues | 858,496) | 875,059) | 563,297) | 1,244,837) | 942,933) |
Long-lived assets | 603,010) | 548,396) | 379,398) | 523,523) | 382,090) |
Area Activity Ratio | |||||
Area asset turnover1 | 1.42 | 1.60 | 1.48 | 2.38 | 2.47 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Area asset turnover = Net revenues ÷ Long-lived assets
= 858,496 ÷ 603,010 = 1.42
Area activity ratio | Geographic area | The company |
---|---|---|
Area asset turnover | Other International | Other International area asset turnover ratio improved from 2020 to 2021 but then deteriorated significantly from 2021 to 2022. |
Net revenues
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
U.S. | 1,660,045) | 1,724,296) | 1,099,564) | 1,161,959) | 1,023,559) |
Switzerland | 1,216,094) | 1,353,229) | 809,080) | —) | —) |
Other International | 858,496) | 875,059) | 563,297) | 1,244,837) | 942,933) |
Total | 3,734,635) | 3,952,584) | 2,471,941) | 2,406,796) | 1,966,492) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
Long-lived assets
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
U.S. | 214,804) | 210,582) | 180,539) | 164,451) | 139,239) |
Switzerland | 532,921) | 444,205) | 257,337) | —) | —) |
Other International | 603,010) | 548,396) | 379,398) | 523,523) | 382,090) |
Total | 1,350,735) | 1,203,183) | 817,274) | 687,974) | 521,329) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).