Cirrus Logic Inc (CRUS)

Total asset turnover

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021
Revenue US$ in thousands 1,896,080 1,788,890 1,897,620 1,781,460 1,369,230
Total assets US$ in thousands 2,327,070 2,231,580 2,063,970 2,123,400 1,830,610
Total asset turnover 0.81 0.80 0.92 0.84 0.75

March 31, 2025 calculation

Total asset turnover = Revenue ÷ Total assets
= $1,896,080K ÷ $2,327,070K
= 0.81

Cirrus Logic Inc's total asset turnover has shown some fluctuations over the past five years. The ratio increased from 0.75 in March 31, 2021, to 0.92 in March 31, 2023, indicating that the company generated more revenue from its assets during that period. However, there was a slight decline in the ratio in the following years, dropping to 0.80 in March 31, 2024, and 0.81 in March 31, 2025. Overall, the trend suggests that Cirrus Logic Inc has been relatively efficient in utilizing its assets to generate sales, although there was some variability in performance over the years.