Alpha and Omega Semiconductor Ltd (AOSL)

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	680,974	666,399	658,528	657,274	657,503	640,003	663,478	691,321	723,755	794,434	798,993	777,552	760,902	726,875	692,386	656,902	601,988	539,628	498,658	464,909
Total assets	US$ in thousands	1,116,370	1,133,940	1,137,620	1,145,010	1,154,050	1,176,350	1,206,370	1,199,740	1,253,310	1,285,640	1,311,440	1,298,630	1,209,170	1,111,880	991,678	918,573	874,391	853,165	811,748	792,939
Total asset turnover		0.61	0.59	0.58	0.57	0.57	0.54	0.55	0.58	0.58	0.62	0.61	0.60	0.63	0.65	0.70	0.72	0.69	0.63	0.61	0.59

March 31, 2025 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $680,974K ÷ $1,116,370K
= 0.61

The total asset turnover ratio for Alpha and Omega Semiconductor Ltd demonstrates a pattern characterized by initial gradual improvement followed by periods of stabilization and slight fluctuations. Starting at 0.59 on June 30, 2020, the ratio experienced a steady upward trend, reaching a peak of approximately 0.72 by June 30, 2021. This indicates an increasing efficiency in utilizing assets to generate sales during that period.

Subsequently, the ratio exhibited a modest decline, declining to 0.65 by December 31, 2021, then further decreasing to around 0.58 by March 2023. This downward trend suggests a relative decrease in asset efficiency in generating revenue over time. Notably, from March 2023 onward, the ratio stabilized at approximately 0.55 to 0.58, reflecting a plateau in asset utilization effectiveness.

In the most recent observations, spanning from December 2023 through March 2025, the ratio slightly increased from 0.59 to 0.61, suggesting a gradual recovery or improvement in asset utilization efficiency.

Overall, the company's total asset turnover ratio exhibits an initial phase of enhancement, reaching peak efficiency around mid-2021, followed by a period of decline and stabilization, with modest signs of improvement in recent periods. This pattern indicates fluctuating asset utilization performance with a tendency toward stabilization in the later periods.