Allegro Microsystems Inc (ALGM)

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 Dec 23, 2022 Sep 30, 2022 Sep 23, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020
Revenue (ttm) US$ in thousands 725,006 772,763 849,875 937,993 1,049,367 1,078,231 1,072,036 1,045,110 1,004,483 972,439 941,403 893,113 842,076 798,285 768,674 743,489 721,309 664,348 591,207 590,703
Total assets US$ in thousands 1,420,960 1,441,740 1,492,120 1,448,890 1,583,390 1,565,300 1,284,940 1,234,090 1,181,160 1,084,060 1,084,060 979,802 979,802 926,113 892,620 851,417 803,251 796,887 747,678 711,898
Total asset turnover 0.51 0.54 0.57 0.65 0.66 0.69 0.83 0.85 0.85 0.90 0.87 0.91 0.86 0.86 0.86 0.87 0.90 0.83 0.79 0.83

March 31, 2025 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $725,006K ÷ $1,420,960K
= 0.51

Allegro Microsystems Inc's total asset turnover has shown some fluctuations over the past few years, ranging from a high of 0.91 in September 30, 2022, to a low of 0.51 in March 31, 2025. The total asset turnover ratio measures the efficiency of the company in generating sales revenue from its total assets.

The trend in total asset turnover indicates that the company's ability to utilize its assets to generate sales has been somewhat volatile, with a general declining trend observed from the data points. A decreasing total asset turnover ratio could suggest that the company is becoming less efficient in utilizing its assets to generate revenue over time.

It is important for Allegro Microsystems Inc to closely monitor its total asset turnover ratio and implement strategies to improve asset utilization efficiency in order to enhance overall financial performance and profitability. Further analysis would be needed to understand the specific factors driving the changes in total asset turnover and to identify opportunities for improvement.