Catalyst Pharmaceuticals Inc (CPRX)
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 | 491,734 | 460,482 | 434,475 | 411,347 | 398,204 | 348,393 | 302,949 | 256,480 | 214,203 | 191,755 | 170,465 | 153,717 | 140,833 | 133,539 | 126,902 | 120,142 | 119,073 | 118,181 | 119,761 | 118,994 |
Total assets | US$ in thousands | 851,411 | 772,010 | 706,360 | 646,676 | 471,907 | 413,211 | 443,896 | 407,227 | 375,630 | 333,114 | 267,309 | 246,972 | 237,788 | 223,248 | 209,130 | 197,216 | 192,354 | 174,860 | 131,412 | 117,880 |
Total asset turnover | 0.58 | 0.60 | 0.62 | 0.64 | 0.84 | 0.84 | 0.68 | 0.63 | 0.57 | 0.58 | 0.64 | 0.62 | 0.59 | 0.60 | 0.61 | 0.61 | 0.62 | 0.68 | 0.91 | 1.01 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $491,734K ÷ $851,411K
= 0.58
Total asset turnover for Catalyst Pharmaceuticals Inc has shown a declining trend over the period from March 31, 2020, to December 31, 2024. The ratio started at 1.01 in March 2020 and gradually decreased to 0.58 by December 31, 2024. This indicates that the company generated $0.58 in revenue for every $1 of assets held at the end of 2024.
The decreasing trend in total asset turnover may suggest inefficiency in asset utilization or a decrease in the company's ability to generate sales from its assets. Lower asset turnover could result from various factors such as excess inventory, underutilized capacity, or declining sales relative to assets.
Further analysis and comparison with industry peers are recommended to determine the specific reasons behind the declining total asset turnover and to assess Catalyst Pharmaceuticals' effectiveness in utilizing its assets to generate revenue.
Peer comparison
Dec 31, 2024