Akamai Technologies Inc (AKAM)

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	4,016,072	3,984,572	3,940,389	3,893,373	3,826,238	3,733,857	3,652,471	3,620,307	3,608,242	3,585,821	3,548,899	3,483,286	3,407,208	3,348,137	3,281,469	3,224,148	3,146,371	3,072,207	2,995,310	2,915,391
Total assets	US$ in thousands	10,368,800	10,190,500	10,087,500	9,935,610	9,900,040	9,582,090	8,345,960	8,183,330	8,303,400	8,136,480	8,230,750	8,312,390	8,138,670	8,115,480	7,920,940	7,817,920	7,764,130	7,514,390	7,224,800	6,947,960
Total asset turnover		0.39	0.39	0.39	0.39	0.39	0.39	0.44	0.44	0.43	0.44	0.43	0.42	0.42	0.41	0.41	0.41	0.41	0.41	0.41	0.42

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $4,016,072K ÷ $10,368,800K
= 0.39

The total asset turnover ratio for Akamai Technologies Inc has been relatively stable over the past few years, ranging between 0.39 and 0.44. This ratio indicates how efficiently the company is utilizing its assets to generate revenue. A total asset turnover ratio of less than 1 suggests that the company is generating less revenue for every dollar of assets it owns.

In the case of Akamai Technologies Inc, the total asset turnover ratio has been consistently below 1, indicating that the company may not be efficiently utilizing its assets to generate revenue. However, it is important to consider the nature of the company's operations and industry benchmarks when interpreting this ratio.

Overall, a stable total asset turnover ratio for Akamai Technologies Inc suggests that the company's asset utilization efficiency has not changed significantly over the past few years. Further analysis and comparison with industry peers may provide additional insight into the company's operational efficiency.