Bio-Rad Laboratories Inc (BIO)
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 | 2,566,525 | 2,580,209 | 2,562,604 | 2,605,238 | 2,671,262 | 2,720,366 | 2,769,042 | 2,779,031 | 2,802,249 | 2,804,730 | 2,870,979 | 2,895,811 | 2,922,545 | 2,979,615 | 2,879,829 | 2,700,778 | 2,545,626 | 2,380,215 | 2,293,585 | 2,329,324 |
Total assets | US$ in thousands | 9,364,100 | 10,603,500 | 9,688,450 | 12,609,900 | 12,299,100 | 11,895,900 | 11,978,200 | 13,667,400 | 13,501,700 | 12,058,500 | 12,682,100 | 14,373,700 | 17,775,800 | 19,953,400 | 15,117,600 | 13,933,200 | 12,972,600 | 12,020,900 | 10,097,300 | 8,684,360 |
Total asset turnover | 0.27 | 0.24 | 0.26 | 0.21 | 0.22 | 0.23 | 0.23 | 0.20 | 0.21 | 0.23 | 0.23 | 0.20 | 0.16 | 0.15 | 0.19 | 0.19 | 0.20 | 0.20 | 0.23 | 0.27 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,566,525K ÷ $9,364,100K
= 0.27
Total asset turnover for Bio-Rad Laboratories Inc has shown fluctuations over the past few years. The ratio ranged between 0.15 and 0.27 from March 31, 2020, to December 31, 2024. Overall, the company's ability to generate revenue from its assets has varied, indicating different levels of efficiency in asset utilization. The highest turnover was seen in the last quarter of 2024, suggesting improved efficiency in generating sales from its assets. However, the ratio decreased in the preceding quarter, indicating a potential slowdown in asset utilization efficiency. Monitoring these fluctuations can provide insights into the company's operational performance and resource utilization strategies.
Peer comparison
Dec 31, 2024