Alpha and Omega Semiconductor Ltd (AOSL)

Total asset turnover

Jun 30, 2025 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
Revenue (ttm) US$ in thousands 696,161,678 680,974 666,399 658,528 657,274 657,503 640,003 663,478 691,321 723,755 794,434 798,993 777,552 760,902 726,875 692,386 656,902 601,988 539,628 498,658
Total assets US$ in thousands 1,032,690,000 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
Total asset turnover 0.67 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

June 30, 2025 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $696,161,678K ÷ $1,032,690,000K
= 0.67

The total asset turnover ratio of Alpha and Omega Semiconductor Ltd exhibits variability across the observed period from September 30, 2020, to June 30, 2025. Initially, the ratio increased from 0.61 in September 2020 to a peak of approximately 0.72 in June 2021, indicating an enhancement in the efficiency with which the company utilized its assets to generate sales during this period.

Subsequently, the ratio showed a declining trend, falling to around 0.54 by the end of December 2023. This decrease suggests a reduction in asset utilization efficiency over this timeframe, possibly reflecting increased asset base without commensurate growth in sales or other operational factors influencing asset productivity.

In the most recent periods, the ratio demonstrates some stabilization, with values around 0.55 to 0.58, and a slight upward movement toward 0.61 by March 2025. This trend could indicate a modest recovery or improvement in asset utilization efficiency in the latest fiscal periods.

Overall, the ratio's fluctuation from higher levels in mid-2021 to lower levels by late 2023, followed by a slight rebound, suggests that the company's asset efficiency has experienced periods of both improvement and challenge, potentially influenced by changes in sales volume, asset management strategies, or operational efficiencies over time.


Peer comparison

Jun 30, 2025

Company name
Symbol
Total asset turnover
Alpha and Omega Semiconductor Ltd
AOSL
0.67
Micron Technology Inc
MU
0.45