ACI Worldwide Inc (ACIW)
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 | 1,594,288 | 1,617,813 | 1,529,076 | 1,478,922 | 1,452,579 | 1,427,821 | 1,371,397 | 1,388,497 | 1,421,901 | 1,436,925 | 1,447,248 | 1,408,492 | 1,370,598 | 1,290,813 | 1,289,782 | 1,288,023 | 1,294,322 | 1,307,198 | 1,346,216 | 1,343,924 |
| Total assets | US$ in thousands | 3,025,290 | 3,092,980 | 3,364,670 | 3,300,200 | 3,444,740 | 3,254,830 | 3,068,890 | 3,006,800 | 3,209,900 | 3,263,140 | 3,218,670 | 3,210,440 | 3,158,740 | 3,184,490 | 3,175,180 | 3,160,200 | 3,386,900 | 3,132,430 | 3,137,580 | 3,109,900 |
| Total asset turnover | 0.53 | 0.52 | 0.45 | 0.45 | 0.42 | 0.44 | 0.45 | 0.46 | 0.44 | 0.44 | 0.45 | 0.44 | 0.43 | 0.41 | 0.41 | 0.41 | 0.38 | 0.42 | 0.43 | 0.43 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,594,288K ÷ $3,025,290K
= 0.53
Total asset turnover measures the efficiency of ACI Worldwide Inc in generating sales revenue from its total assets. The data shows that the total asset turnover ratio has fluctuated over the past few years. The ratio was relatively stable around 0.43 to 0.45 from March 2020 to June 2024, indicating that ACI Worldwide was generating approximately $0.43 to $0.45 in sales for every dollar of assets during these periods.
There was a slight dip in the total asset turnover ratio in the fourth quarter of 2020, where it dropped to 0.38, which may suggest a temporary decrease in sales efficiency during that period. However, the ratio improved in the following quarters and reached a peak of 0.53 by December 2024, indicating that the company was able to generate more sales revenue per unit of assets.
Overall, the trend suggests that ACI Worldwide Inc has been effectively utilizing its assets to generate sales revenue, with some fluctuations in efficiency over time. The increasing trend towards the end of the analyzed period indicates an improvement in asset utilization and sales generation efficiency.
Peer comparison
Dec 31, 2024