Century Communities Inc (CCS)
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 | 4,398,293 | 4,330,443 | 4,082,996 | 3,887,737 | 3,692,184 | 3,665,734 | 3,920,601 | 4,242,550 | 4,505,910 | 4,533,580 | 4,347,322 | 4,224,092 | 4,216,312 | 3,997,290 | 3,833,619 | 3,567,153 | 3,161,192 | 2,965,956 | 2,761,957 | 2,605,463 |
| Total assets | US$ in thousands | 4,532,470 | 4,780,960 | 4,331,440 | 4,111,580 | 4,139,360 | 3,949,390 | 3,856,650 | 3,712,980 | 3,773,770 | 3,880,060 | 3,772,740 | 3,495,500 | 3,496,880 | 3,210,870 | 2,894,250 | 2,951,680 | 2,845,090 | 2,591,360 | 2,551,780 | 2,910,440 |
| Total asset turnover | 0.97 | 0.91 | 0.94 | 0.95 | 0.89 | 0.93 | 1.02 | 1.14 | 1.19 | 1.17 | 1.15 | 1.21 | 1.21 | 1.24 | 1.32 | 1.21 | 1.11 | 1.14 | 1.08 | 0.90 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $4,398,293K ÷ $4,532,470K
= 0.97
Century Communities Inc's total asset turnover has fluctuated over the years, indicating variations in how efficiently the company generates sales from its total assets. The ratio increased from 0.90 as of March 31, 2020, to a peak of 1.32 as of June 30, 2021. This upward trend suggests improved asset utilization and revenue generation during this period.
Following the peak, the total asset turnover ratio experienced some fluctuations but generally remained above 1, indicating that the company continued to generate revenue efficiently relative to its total assets. However, there was a slight decline in the ratio towards the end of the period, falling to 0.97 as of December 31, 2024.
The variability in the total asset turnover ratio implies that Century Communities Inc may have adjusted its operational efficiency and asset management strategies over the years. It would be essential for the company to further analyze the causes of these fluctuations to ensure optimal utilization of its assets and sustainable revenue generation in the future.
Peer comparison
Dec 31, 2024