Comcast Corp (CMCSA)

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	122,728,000	122,067,000	120,112,000	120,937,000	121,572,000	120,872,000	120,606,000	120,109,000	121,428,000	121,211,000	121,660,000	120,190,000	116,385,000	113,757,000	108,991,000	104,160,000	103,564,000	104,254,000	105,549,000	108,692,000
Total assets	US$ in thousands	266,211,000	269,871,000	262,555,000	263,601,000	264,811,000	261,072,000	262,147,000	259,429,000	257,275,000	254,308,000	267,032,000	274,074,000	275,905,000	277,061,000	277,004,000	278,511,000	273,869,000	268,940,000	265,978,000	262,421,000
Total asset turnover		0.46	0.45	0.46	0.46	0.46	0.46	0.46	0.46	0.47	0.48	0.46	0.44	0.42	0.41	0.39	0.37	0.38	0.39	0.40	0.41

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $122,728,000K ÷ $266,211,000K
= 0.46

The total asset turnover ratio of Comcast Corp has shown a declining trend from 0.41 as of March 31, 2020, to 0.46 as of December 31, 2024, with fluctuations in between. This ratio measures how efficiently the company is utilizing its assets to generate revenue.

The decreasing trend indicates that Comcast is generating less revenue for each dollar of assets over the years. A lower total asset turnover ratio could suggest inefficiencies in asset utilization, such as underutilized assets or declining sales relative to the size of the asset base.

It is essential for Comcast to closely monitor this ratio and investigate the factors contributing to the decline to optimize asset management and improve overall operational efficiency. Investors and stakeholders may also use this ratio to evaluate the company's performance and its ability to generate revenue from its asset base.