Agilysys Inc (AGYS)

Total asset turnover

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021
Revenue US$ in thousands 275,624 237,464 198,065 162,636 137,176
Total assets US$ in thousands 434,370 350,430 243,036 214,162 189,873
Total asset turnover 0.63 0.68 0.81 0.76 0.72

March 31, 2025 calculation

Total asset turnover = Revenue ÷ Total assets
= $275,624K ÷ $434,370K
= 0.63

Agilysys Inc's total asset turnover has demonstrated some fluctuations over the past five years. The ratio has gradually increased from 0.72 in March 2021 to 0.81 in March 2023, indicating that the company is generating more revenue relative to its total assets during this period. However, there was a slight decline to 0.68 in March 2024 and a more significant drop to 0.63 in March 2025, suggesting a potential decrease in efficiency in utilizing its assets to generate sales in these years. Overall, the trend in total asset turnover for Agilysys Inc reflects some variability, which may warrant further investigation into the company's operational performance and asset management strategies.