Catalyst Pharmaceuticals Inc (CPRX)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 491,734 | 398,204 | 214,203 | 140,833 | 119,073 |
| Total assets | US$ in thousands | 851,411 | 470,114 | 375,630 | 237,788 | 192,354 |
| Total asset turnover | 0.58 | 0.85 | 0.57 | 0.59 | 0.62 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $491,734K ÷ $851,411K
= 0.58
The total asset turnover of Catalyst Pharmaceuticals Inc has shown a fluctuating trend over the past five years. In 2020, it stood at 0.62, slightly decreasing to 0.59 in 2021 and further to 0.57 in 2022. However, there was a significant improvement in 2023 with a total asset turnover of 0.85, indicating that the company generated $0.85 in revenue for every dollar of assets it held. Nonetheless, in 2024, the total asset turnover fell back to 0.58. Overall, the company's ability to generate sales from its total assets has shown variability, with a notable improvement in 2023. It is important for the company to monitor this ratio closely to ensure optimal utilization of its assets in generating revenue.
Peer comparison
Dec 31, 2024