Charter Communications Inc (CHTR)

Total asset turnover

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Revenue (ttm)	US$ in thousands	54,607,000	54,570,000	54,536,000	54,475,000	54,022,000	53,560,000	53,156,000	52,360,000	51,682,000	51,094,000	49,987,000	48,881,000	48,097,000	47,234,000	46,645,000	46,296,000	45,764,000	45,234,000	44,676,000	44,183,000
Total assets	US$ in thousands	147,193,000	146,682,000	145,615,000	144,870,000	144,523,000	143,669,000	143,258,000	143,948,000	142,491,000	142,495,000	144,026,000	143,439,000	144,206,000	144,193,000	145,136,000	146,552,000	148,188,000	145,267,000	146,085,000	147,257,000
Total asset turnover		0.37	0.37	0.37	0.38	0.37	0.37	0.37	0.36	0.36	0.36	0.35	0.34	0.33	0.33	0.32	0.32	0.31	0.31	0.31	0.30

December 31, 2023 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $54,607,000K ÷ $147,193,000K
= 0.37

The total asset turnover ratio for Charter Communications Inc. has been relatively stable over the past eight quarters, ranging between 0.36 and 0.38. This ratio indicates that, on average, the company generates approximately 0.37 in revenue for every dollar of total assets it holds. A total asset turnover of less than 1 suggests that the company may not be effectively utilizing its assets to generate sales. Further analysis and comparison with industry peers would be beneficial to gain a clearer understanding of Charter Communications Inc.'s asset utilization efficiency.