Adobe Systems Incorporated (ADBE)
Total asset turnover
| Feb 28, 2025 | Nov 30, 2024 | Nov 29, 2024 | Aug 31, 2024 | Aug 30, 2024 | May 31, 2024 | Mar 1, 2024 | Feb 29, 2024 | Dec 1, 2023 | Nov 30, 2023 | Sep 1, 2023 | Aug 31, 2023 | Jun 2, 2023 | May 31, 2023 | Mar 3, 2023 | Feb 28, 2023 | Dec 2, 2022 | Nov 30, 2022 | Sep 2, 2022 | Aug 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 22,334,000 | 22,028,000 | 21,731,000 | 21,307,000 | 21,081,000 | 20,721,000 | 20,460,000 | 20,168,000 | 19,876,000 | 19,644,000 | 19,412,000 | 19,177,000 | 18,942,000 | 18,651,000 | 18,360,000 | 18,138,000 | 17,916,000 | 17,777,000 | 17,638,000 | 17,467,000 |
| Total assets | US$ in thousands | 29,955,000 | 30,230,000 | 30,230,000 | 29,830,000 | 29,830,000 | 30,007,000 | 28,751,000 | 28,751,000 | 29,779,000 | 29,779,000 | 29,090,000 | 29,090,000 | 27,838,000 | 27,838,000 | 26,667,000 | 26,667,000 | 27,165,000 | 27,165,000 | 26,744,000 | 26,744,000 |
| Total asset turnover | 0.75 | 0.73 | 0.72 | 0.71 | 0.71 | 0.69 | 0.71 | 0.70 | 0.67 | 0.66 | 0.67 | 0.66 | 0.68 | 0.67 | 0.69 | 0.68 | 0.66 | 0.65 | 0.66 | 0.65 |
February 28, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $22,334,000K ÷ $29,955,000K
= 0.75
Adobe Systems Incorporated's total asset turnover has shown a positive trend over the provided period, increasing from 0.65 in August 2022 to 0.75 in February 2025. This indicates that the company generated $0.75 in revenue for every $1 of assets it owns by the end of February 2025, reflecting efficient asset utilization. The consistent improvement in total asset turnover suggests that Adobe has been effectively managing its assets to generate revenue. Overall, the increasing trend in total asset turnover indicates that Adobe has been efficiently using its assets to drive revenue growth over the analyzed period.
Peer comparison
Feb 28, 2025
See also:
Adobe Systems Incorporated Total Asset Turnover (Quarterly Data)