Coherent Inc (COHR)
Total asset turnover
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 5,810,280 | 5,595,240 | 5,306,170 | 5,002,600 | 4,707,600 | 4,598,290 | 4,629,670 | 4,868,520 | 5,160,090 | 4,842,002 | 4,429,536 | 3,866,075 | 3,316,616 | 3,237,660 | 3,193,168 | 3,172,918 | 3,105,891 | 3,044,175 | 2,887,984 | 2,767,746 |
| Total assets | US$ in thousands | 14,910,900 | 14,444,800 | 14,197,300 | 14,699,300 | 14,488,600 | 14,520,400 | 14,662,900 | 13,521,300 | 13,711,100 | 14,117,600 | 14,108,900 | 13,830,600 | 7,844,850 | 7,767,200 | 7,649,280 | 6,515,860 | 6,512,650 | 6,361,720 | 5,646,560 | 5,470,620 |
| Total asset turnover | 0.39 | 0.39 | 0.37 | 0.34 | 0.32 | 0.32 | 0.32 | 0.36 | 0.38 | 0.34 | 0.31 | 0.28 | 0.42 | 0.42 | 0.42 | 0.49 | 0.48 | 0.48 | 0.51 | 0.51 |
June 30, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $5,810,280K ÷ $14,910,900K
= 0.39
The total asset turnover for Coherent Inc. exhibits a generally stable trend with slight fluctuations over the analyzed periods. From September 30, 2020, to December 31, 2021, the ratio remains relatively constant, fluctuating narrowly around 0.51 and 0.42, indicating a steady efficiency in generating sales from the company's asset base during this time span. Notably, a decline occurs starting in September 2022, where the ratio drops sharply from approximately 0.49 in September 2021 to 0.28, reflecting a significant decrease in asset utilization efficiency.
This decline persists through much of 2022, with the ratio stabilizing around 0.31 to 0.34 in late 2022 and early 2023. Throughout this period, the ratio indicates a diminished capacity for asset turnover, suggesting potential challenges in asset productivity or changes in operational strategies. Starting from March 2023, the ratio begins to recover gradually, rising from 0.34 to approximately 0.39 by June 2025, implying a modest improvement in the company's efficiency regarding sales generated from its assets.
Overall, the trend demonstrates periods of relative stability, followed by a notable downturn around late 2021 to late 2022, and a subsequent gradual recovery. These fluctuations may reflect operational adjustments, market conditions, or company-specific factors affecting asset utilization efficiency over the analyzed timeline.
Peer comparison
Jun 30, 2025