Analysis of Long-term (Investment) Activity Ratios
Activity ratios measure how efficiently a company performs day-to-day tasks, such us the collection of receivables and management of inventory.
Long-term Activity Ratios (Summary)
NXP Semiconductors N.V., long-term (investment) activity ratios
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 20-F (reporting date: 2018-12-31), 20-F (reporting date: 2017-12-31).
| Long-term activity ratio | Description | The company |
|---|---|---|
| Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | NXP Semiconductors N.V. net fixed asset turnover ratio improved from 2019 to 2020 and from 2020 to 2021. |
| Net fixed asset turnover (including operating lease, right-of-use asset) | An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). | NXP Semiconductors N.V. net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from 2019 to 2020 and from 2020 to 2021. |
| Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | NXP Semiconductors N.V. total asset turnover ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level. |
| Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | NXP Semiconductors N.V. equity turnover ratio improved from 2019 to 2020 and from 2020 to 2021. |
Net Fixed Asset Turnover
NXP Semiconductors N.V., net fixed asset turnover calculation, comparison to benchmarks
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Revenue | 11,063) | 8,612) | 8,877) | 9,407) | 9,256) | |
| Property, plant and equipment, net | 2,635) | 2,284) | 2,448) | 2,436) | 2,295) | |
| Long-term Activity Ratio | ||||||
| Net fixed asset turnover1 | 4.20 | 3.77 | 3.63 | 3.86 | 4.03 | |
| Benchmarks | ||||||
| Net Fixed Asset Turnover, Competitors2 | ||||||
| Advanced Micro Devices Inc. | 23.41 | 15.23 | 13.46 | — | — | |
| Analog Devices Inc. | 3.70 | 5.00 | 4.91 | — | — | |
| Applied Materials Inc. | 11.93 | 10.72 | 9.55 | — | — | |
| Broadcom Inc. | 11.69 | 9.52 | 8.81 | — | — | |
| Intel Corp. | 1.25 | 1.38 | 1.30 | — | — | |
| KLA Corp. | 10.44 | 11.17 | 10.18 | — | — | |
| Lam Research Corp. | 11.22 | 9.37 | 9.12 | — | — | |
| Micron Technology Inc. | 0.83 | 0.69 | 0.83 | — | — | |
| Monolithic Power Systems Inc. | 3.33 | 3.00 | 2.75 | — | — | |
| NVIDIA Corp. | 7.76 | 6.52 | 8.34 | — | — | |
| Qualcomm Inc. | 7.36 | 6.34 | 7.88 | — | — | |
| Texas Instruments Inc. | 3.57 | 4.42 | 4.35 | — | — | |
| Net Fixed Asset Turnover, Sector | ||||||
| Semiconductors & Semiconductor Equipment | 2.32 | 2.13 | — | — | — | |
| Net Fixed Asset Turnover, Industry | ||||||
| Information Technology | 4.74 | 4.57 | — | — | — | |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 20-F (reporting date: 2018-12-31), 20-F (reporting date: 2017-12-31).
1 2021 Calculation
Net fixed asset turnover = Revenue ÷ Property, plant and equipment, net
= 11,063 ÷ 2,635 = 4.20
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | NXP Semiconductors N.V. net fixed asset turnover ratio improved from 2019 to 2020 and from 2020 to 2021. |
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset)
NXP Semiconductors N.V., net fixed asset turnover (including operating lease, right-of-use asset) calculation, comparison to benchmarks
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Revenue | 11,063) | 8,612) | 8,877) | 9,407) | 9,256) | |
| Property, plant and equipment, net | 2,635) | 2,284) | 2,448) | 2,436) | 2,295) | |
| Operating lease right-of-use assets (included in Other non-current assets) | 226) | 223) | 226) | —) | —) | |
| Property, plant and equipment, net (including operating lease, right-of-use asset) | 2,861) | 2,507) | 2,674) | 2,436) | 2,295) | |
| Long-term Activity Ratio | ||||||
| Net fixed asset turnover (including operating lease, right-of-use asset)1 | 3.87 | 3.44 | 3.32 | 3.86 | 4.03 | |
| Benchmarks | ||||||
| Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Competitors2 | ||||||
| Advanced Micro Devices Inc. | 15.37 | 11.50 | 9.55 | — | — | |
| Analog Devices Inc. | 3.24 | 4.07 | 4.91 | — | — | |
| Applied Materials Inc. | 10.35 | 9.27 | 9.55 | — | — | |
| Broadcom Inc. | 9.35 | 7.71 | 8.81 | — | — | |
| Intel Corp. | 1.24 | 1.36 | 1.28 | — | — | |
| KLA Corp. | 9.03 | 9.36 | 10.18 | — | — | |
| Lam Research Corp. | 9.90 | 8.06 | 9.12 | — | — | |
| Micron Technology Inc. | 0.82 | 0.68 | 0.83 | — | — | |
| Monolithic Power Systems Inc. | 3.27 | 2.96 | 2.72 | — | — | |
| NVIDIA Corp. | 5.84 | 4.76 | 8.34 | — | — | |
| Qualcomm Inc. | 6.62 | 5.64 | 7.88 | — | — | |
| Texas Instruments Inc. | 3.27 | 4.03 | 3.95 | — | — | |
| Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Sector | ||||||
| Semiconductors & Semiconductor Equipment | 2.23 | 2.05 | — | — | — | |
| Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Industry | ||||||
| Information Technology | 4.03 | 3.87 | — | — | — | |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 20-F (reporting date: 2018-12-31), 20-F (reporting date: 2017-12-31).
1 2021 Calculation
Net fixed asset turnover (including operating lease, right-of-use asset) = Revenue ÷ Property, plant and equipment, net (including operating lease, right-of-use asset)
= 11,063 ÷ 2,861 = 3.87
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Net fixed asset turnover (including operating lease, right-of-use asset) | An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). | NXP Semiconductors N.V. net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from 2019 to 2020 and from 2020 to 2021. |
Total Asset Turnover
NXP Semiconductors N.V., total asset turnover calculation, comparison to benchmarks
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Revenue | 11,063) | 8,612) | 8,877) | 9,407) | 9,256) | |
| Total assets | 20,864) | 19,847) | 20,016) | 21,530) | 24,049) | |
| Long-term Activity Ratio | ||||||
| Total asset turnover1 | 0.53 | 0.43 | 0.44 | 0.44 | 0.38 | |
| Benchmarks | ||||||
| Total Asset Turnover, Competitors2 | ||||||
| Advanced Micro Devices Inc. | 1.32 | 1.09 | 1.12 | — | — | |
| Analog Devices Inc. | 0.14 | 0.26 | 0.28 | — | — | |
| Applied Materials Inc. | 0.89 | 0.77 | 0.77 | — | — | |
| Broadcom Inc. | 0.36 | 0.31 | 0.33 | — | — | |
| Intel Corp. | 0.47 | 0.51 | 0.53 | — | — | |
| KLA Corp. | 0.67 | 0.63 | 0.51 | — | — | |
| Lam Research Corp. | 0.92 | 0.69 | 0.80 | — | — | |
| Micron Technology Inc. | 0.47 | 0.40 | 0.48 | — | — | |
| Monolithic Power Systems Inc. | 0.76 | 0.70 | 0.66 | — | — | |
| NVIDIA Corp. | 0.58 | 0.63 | 0.88 | — | — | |
| Qualcomm Inc. | 0.81 | 0.66 | 0.74 | — | — | |
| Texas Instruments Inc. | 0.74 | 0.75 | 0.80 | — | — | |
| Total Asset Turnover, Sector | ||||||
| Semiconductors & Semiconductor Equipment | 0.53 | 0.51 | — | — | — | |
| Total Asset Turnover, Industry | ||||||
| Information Technology | 0.62 | 0.58 | — | — | — | |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 20-F (reporting date: 2018-12-31), 20-F (reporting date: 2017-12-31).
1 2021 Calculation
Total asset turnover = Revenue ÷ Total assets
= 11,063 ÷ 20,864 = 0.53
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | NXP Semiconductors N.V. total asset turnover ratio deteriorated from 2019 to 2020 but then improved from 2020 to 2021 exceeding 2019 level. |
Equity Turnover
NXP Semiconductors N.V., equity turnover calculation, comparison to benchmarks
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Revenue | 11,063) | 8,612) | 8,877) | 9,407) | 9,256) | |
| Stockholders’ equity | 6,528) | 8,944) | 9,441) | 10,505) | 13,527) | |
| Long-term Activity Ratio | ||||||
| Equity turnover1 | 1.69 | 0.96 | 0.94 | 0.90 | 0.68 | |
| Benchmarks | ||||||
| Equity Turnover, Competitors2 | ||||||
| Advanced Micro Devices Inc. | 2.19 | 1.67 | 2.38 | — | — | |
| Analog Devices Inc. | 0.19 | 0.47 | 0.51 | — | — | |
| Applied Materials Inc. | 1.88 | 1.63 | 1.78 | — | — | |
| Broadcom Inc. | 1.10 | 1.00 | 0.91 | — | — | |
| Intel Corp. | 0.83 | 0.96 | 0.93 | — | — | |
| KLA Corp. | 2.05 | 2.18 | 1.72 | — | — | |
| Lam Research Corp. | 2.43 | 1.94 | 2.07 | — | — | |
| Micron Technology Inc. | 0.63 | 0.55 | 0.65 | — | — | |
| Monolithic Power Systems Inc. | 0.97 | 0.87 | 0.81 | — | — | |
| NVIDIA Corp. | 0.99 | 0.89 | 1.25 | — | — | |
| Qualcomm Inc. | 3.37 | 3.87 | 4.94 | — | — | |
| Texas Instruments Inc. | 1.38 | 1.57 | 1.61 | — | — | |
| Equity Turnover, Sector | ||||||
| Semiconductors & Semiconductor Equipment | 1.00 | 1.06 | — | — | — | |
| Equity Turnover, Industry | ||||||
| Information Technology | 1.80 | 1.82 | — | — | — | |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 20-F (reporting date: 2018-12-31), 20-F (reporting date: 2017-12-31).
1 2021 Calculation
Equity turnover = Revenue ÷ Stockholders’ equity
= 11,063 ÷ 6,528 = 1.69
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | NXP Semiconductors N.V. equity turnover ratio improved from 2019 to 2020 and from 2020 to 2021. |