Builders FirstSource Inc (BLDR)

Total asset turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	US$ in thousands	16,400,500	17,097,300	22,726,400	19,893,900	8,558,870
Total assets	US$ in thousands	10,583,100	10,499,500	10,595,200	10,714,300	4,173,670
Total asset turnover		1.55	1.63	2.14	1.86	2.05

December 31, 2024 calculation

Total asset turnover = Revenue ÷ Total assets
= $16,400,500K ÷ $10,583,100K
= 1.55

Builders FirstSource Inc's total asset turnover has exhibited some fluctuations over the period from December 31, 2020, to December 31, 2024. The ratio indicates the company's efficiency in generating sales revenue relative to its total assets.

From December 31, 2020, to December 31, 2021, there was a slight decrease in the total asset turnover from 2.05 to 1.86. This may indicate a lower ability to generate sales from its assets during that period.

From December 31, 2021, to December 31, 2022, there was an increase in the total asset turnover from 1.86 to 2.14. This improvement suggests that the company's utilization of assets to generate sales revenue became more efficient.

However, from December 31, 2022, to December 31, 2023, there was a notable decrease in the total asset turnover from 2.14 to 1.63. This decrease may indicate a decline in the company's ability to generate sales relative to its total assets during that period.

Lastly, from December 31, 2023, to December 31, 2024, there was a further decrease in the total asset turnover from 1.63 to 1.55. This continuing decline suggests ongoing challenges in effectively utilizing the company's assets to generate sales revenue.

Overall, while there have been fluctuations in Builders FirstSource Inc's total asset turnover over the period analyzed, the trend has shown a decrease towards the end of the period, indicating a potential need for the company to reassess its asset utilization strategies for improved efficiency in generating sales.