Coherent Inc (COHR)
Total asset turnover
| Jun 30, 2025 | Jun 30, 2024 | Sep 30, 2023 | Jun 30, 2023 | Sep 30, 2022 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,810,100 | 4,707,690 | 5,160,100 | 5,160,100 | 3,316,620 |
| Total assets | US$ in thousands | 487,606,000 | 14,488,600 | 13,711,100 | 13,711,100 | 7,844,850 |
| Total asset turnover | 0.01 | 0.32 | 0.38 | 0.38 | 0.42 |
June 30, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $5,810,100K ÷ $487,606,000K
= 0.01
The analysis of Coherent Inc.’s total asset turnover ratio over the specified periods indicates a consistent decline in the efficiency with which the company utilizes its total assets to generate sales. As of September 30, 2022, the total asset turnover stood at 0.42, suggesting that for every dollar of assets, approximately 42 cents in sales were generated. By June 30, 2023, this ratio had decreased slightly to 0.38, and it remained unchanged at that level through September 30, 2023. This stability indicates that the company's efficiency in asset utilization did not materially change during this interval. However, a notable decline is evident thereafter, as the ratio further decreased to 0.32 by June 30, 2024. The downward trend accelerates dramatically in the subsequent period, with the ratio dropping sharply to 0.01 by June 30, 2025, signaling a significant deterioration in the company's ability to generate sales relative to its asset base. Overall, the trend suggests a diminishing efficiency in asset utilization over the analyzed timeframe, which may be indicative of operational challenges, impairment of asset productivity, or strategic shifts affecting sales generation relative to asset levels.
Peer comparison
Jun 30, 2025