ACI Worldwide Inc (ACIW)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,594,290 | 1,452,580 | 1,421,900 | 1,370,600 | 1,294,320 |
| Total assets | US$ in thousands | 3,025,290 | 3,444,740 | 3,209,900 | 3,158,740 | 3,386,900 |
| Total asset turnover | 0.53 | 0.42 | 0.44 | 0.43 | 0.38 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $1,594,290K ÷ $3,025,290K
= 0.53
The total asset turnover of ACI Worldwide Inc has shown a fluctuating trend over the period from December 31, 2020, to December 31, 2024. The ratio increased from 0.38 in December 2020 to 0.53 in December 2024. This indicates that the company generated $0.53 in revenue for every dollar of total assets owned at the end of 2024. The improvement in total asset turnover suggests that ACI Worldwide Inc was able to efficiently utilize its assets to generate sales revenue, which is a positive sign for the company's operational efficiency and potential for growth. However, the slight decline in 2023 compared to 2024 may warrant further investigation into the company's asset management strategies during that period.
Peer comparison
Dec 31, 2024