Arcosa Inc (ACA)
Total 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 | 2,569,900 | 2,485,900 | 2,437,200 | 2,357,300 | 2,307,900 | 2,226,000 | 2,238,200 | 2,256,200 | 2,242,800 | 2,264,300 | 2,219,500 | 2,131,800 | 2,036,400 | 1,973,500 | 1,904,400 | 1,887,800 | 1,935,600 | 1,923,600 | 1,878,600 | 1,814,200 |
| Total assets | US$ in thousands | 4,915,500 | 4,356,900 | 3,807,900 | 3,668,100 | 3,577,900 | 3,489,600 | 3,495,600 | 3,417,100 | 3,340,600 | 3,380,600 | 3,337,300 | 3,256,800 | 3,188,100 | 3,301,200 | 3,090,200 | 2,666,000 | 2,646,700 | 2,635,000 | 2,560,200 | 2,621,600 |
| Total asset turnover | 0.52 | 0.57 | 0.64 | 0.64 | 0.65 | 0.64 | 0.64 | 0.66 | 0.67 | 0.67 | 0.67 | 0.65 | 0.64 | 0.60 | 0.62 | 0.71 | 0.73 | 0.73 | 0.73 | 0.69 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,569,900K ÷ $4,915,500K
= 0.52
Total asset turnover is a financial ratio that measures a company's ability to generate sales from its assets. It is calculated by dividing the company's total revenue by its average total assets.
For Arcosa Inc, we observe fluctuations in the total asset turnover ratio over the reported periods. The ratio ranged between 0.52 to 0.73 during the analyzed time frame. A higher total asset turnover indicates that the company is generating more sales relative to its asset base.
In recent quarters, the total asset turnover ratio for Arcosa Inc has been trending downwards, showing a decrease from 0.67 in September 2022 to 0.52 in December 2024. This may suggest that the company is less efficient in utilizing its assets to generate revenue. It is important for the management to monitor this ratio and investigate the underlying reasons for the decline to improve operational efficiency and profitability.
Overall, the total asset turnover ratio provides insight into how effectively Arcosa Inc is utilizing its assets to generate sales, and any changes in this ratio may indicate shifts in the company's operational efficiency and performance.
Peer comparison
Dec 31, 2024