AMC Networks Inc (AMCX)
Total asset turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,575,026 | 2,844,244 | 2,894,882 | 2,962,429 | 2,964,512 | 2,813,452 | 2,945,170 | 2,979,098 | 2,947,394 | 2,951,884 | 2,793,128 | 2,665,145 | 2,702,925 | 2,707,854 | 2,771,369 | 2,896,296 | 2,963,567 | 2,951,209 | 2,958,067 | 2,949,487 |
| Total assets | US$ in thousands | 4,969,790 | 5,390,780 | 5,470,480 | 5,463,240 | 5,633,840 | 5,813,500 | 5,793,640 | 5,749,730 | 5,748,950 | 5,495,460 | 5,479,510 | 5,245,680 | 5,246,340 | 5,386,430 | 5,305,960 | 5,316,420 | 5,596,690 | 5,618,210 | 5,561,730 | 5,521,910 |
| Total asset turnover | 0.52 | 0.53 | 0.53 | 0.54 | 0.53 | 0.48 | 0.51 | 0.52 | 0.51 | 0.54 | 0.51 | 0.51 | 0.52 | 0.50 | 0.52 | 0.54 | 0.53 | 0.53 | 0.53 | 0.53 |
December 31, 2023 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,575,026K ÷ $4,969,790K
= 0.52
AMC Networks Inc's total asset turnover has been fairly consistent over the past eight quarters, ranging from 0.50 to 0.57. This ratio indicates that the company generates $0.50 to $0.57 in revenue for every dollar of total assets. A high total asset turnover ratio generally signifies efficient asset utilization, while a low ratio could indicate inefficiency or underutilization of assets. In AMC Networks Inc's case, the ratio has stayed within a narrow range, suggesting stable asset utilization levels. Further analysis of industry benchmarks and trend analysis could provide deeper insights into the company's asset management efficiency.
Peer comparison
Dec 31, 2023