Agilysys Inc (AGYS)

Total asset turnover

		Mar 31, 2025	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
Revenue (ttm)	US$ in thousands	201,352	263,573	254,578	244,915	237,462	228,138	217,492	206,618	198,065	191,727	181,267	171,417	162,636	152,413	149,628	146,096	137,178	140,501	145,813	152,175
Total assets	US$ in thousands	—	443,861	442,010	355,698	350,430	346,658	255,214	251,347	243,036	246,161	220,766	208,759	214,162	202,338	188,100	189,485	189,873	189,201	173,714	176,103
Total asset turnover		—	0.59	0.58	0.69	0.68	0.66	0.85	0.82	0.81	0.78	0.82	0.82	0.76	0.75	0.80	0.77	0.72	0.74	0.84	0.86

March 31, 2025 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $201,352K ÷ $—K
= —

Total asset turnover is a financial ratio that measures a company's efficiency in generating sales from its total assets. A higher total asset turnover ratio indicates better asset utilization.

Analyzing Agilysys Inc's total asset turnover over the provided period, we observe fluctuations in the ratio. The ratio ranged from a low of 0.58 as of September 30, 2024, to a high of 0.85 as of September 30, 2023. This suggests variability in the company's ability to generate sales relative to its total assets.

Notably, the total asset turnover ratio generally decreased from the beginning of the data series but showed signs of recovery towards the end. The ratio was notably lower in later periods like December 31, 2023, and March 31, 2024, at 0.66 and 0.68 respectively, possibly indicating challenges in efficiently utilizing assets during those periods.

It is important to further investigate the reasons behind the fluctuations in the total asset turnover ratio to understand the company's operational efficiency and asset management strategies. Further analysis could include examining changes in sales volume, asset base composition, and operational effectiveness, among other factors, to provide more insights into Agilysys Inc's performance in utilizing its total assets to drive sales.