BWX Technologies Inc (BWXT)
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 | 2,694,059 | 2,673,307 | 2,579,165 | 2,497,939 | 2,461,109 | 2,359,771 | 2,296,043 | 2,241,705 | 2,207,851 | 2,175,649 | 2,148,807 | 2,097,802 | 2,095,349 | 2,060,284 | 2,085,217 | 2,086,976 | 2,099,983 | 2,044,308 | 2,029,279 | 1,994,162 |
| Total assets | US$ in thousands | 2,869,920 | 2,947,460 | 2,840,630 | 2,788,010 | 2,747,060 | 2,776,840 | 2,740,570 | 2,718,910 | 2,618,940 | 2,672,060 | 2,705,520 | 2,569,110 | 2,501,380 | 2,489,710 | 2,566,400 | 2,351,910 | 2,293,500 | 2,124,310 | 1,971,360 | 1,966,600 |
| Total asset turnover | 0.94 | 0.91 | 0.91 | 0.90 | 0.90 | 0.85 | 0.84 | 0.82 | 0.84 | 0.81 | 0.79 | 0.82 | 0.84 | 0.83 | 0.81 | 0.89 | 0.92 | 0.96 | 1.03 | 1.01 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,694,059K ÷ $2,869,920K
= 0.94
Total asset turnover is a financial ratio that measures a company's efficiency in generating sales revenue from its total assets. For BWX Technologies Inc, the total asset turnover has shown a declining trend over the last few years, from 1.01 in March 2020 to 0.94 in December 2024. This indicates that the company is becoming less efficient in utilizing its assets to generate sales.
A total asset turnover below 1 suggests that the company is not generating a sufficient level of sales relative to its asset base. The decreasing trend in total asset turnover may be a cause for concern as it could indicate potential inefficiencies in the company's operations or a decline in the demand for its products or services.
Investors and analysts may want to further investigate the reasons behind the declining total asset turnover to assess the company's operational efficiency and identify any underlying problems that could impact its financial performance in the future. Monitoring this ratio over time can provide valuable insights into the company's overall performance and efficiency in utilizing its assets effectively.
Peer comparison
Dec 31, 2024