Cirrus Logic Inc (CRUS)

Total asset turnover

Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Sep 23, 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 1,896,077 1,843,448 1,906,694 1,845,900 1,952,694 1,897,883 1,651,721 1,761,240 1,820,994 1,897,617 2,014,767 1,972,534 1,897,846 1,781,460 1,585,025 1,522,471 1,403,910 1,369,230 1,354,984 1,243,857
Total assets US$ in thousands 2,327,070 2,363,240 2,356,140 2,265,620 2,231,580 2,217,110 2,104,450 2,104,450 2,056,590 2,063,970 2,165,890 2,164,070 2,105,900 2,123,400 2,068,120 2,226,160 1,814,010 1,830,610 1,825,630 1,699,860
Total asset turnover 0.81 0.78 0.81 0.81 0.88 0.86 0.78 0.84 0.89 0.92 0.93 0.91 0.90 0.84 0.77 0.68 0.77 0.75 0.74 0.73

March 31, 2025 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,896,077K ÷ $2,327,070K
= 0.81

Cirrus Logic Inc's total asset turnover has shown a fluctuating trend over the period from September 30, 2020, to March 31, 2025. The metric started at 0.73 in September 2020, increased gradually to reach a peak of 0.93 by December 31, 2022, before slightly declining to 0.78 by December 31, 2024. Overall, the company's total asset turnover demonstrates variability but generally maintains levels above 0.70, indicating that the company is efficient in generating revenue from its assets. The slight fluctuations in the ratio may suggest changes in the company's asset management effectiveness or revenue generation strategies during the period under review.