CorVel Corp (CRVL)
Total asset turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 895,589 | 795,311 | 718,562 | 646,230 | 552,644 |
| Total assets | US$ in thousands | 545,976,000 | 454,679 | 393,923 | 415,246 | 424,760 |
| Total asset turnover | 0.00 | 1.75 | 1.82 | 1.56 | 1.30 |
March 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $895,589K ÷ $545,976,000K
= 0.00
The total asset turnover ratio for CorVel Corp has shown a fluctuating trend over the past five years. It stood at 1.30 in March 31, 2021, increased to 1.56 in March 31, 2022, and further improved to 1.82 by March 31, 2023. However, the ratio slightly dropped to 1.75 in March 31, 2024. Notably, in March 31, 2025, the total asset turnover ratio is reported as 0.00, which is an unusual value and may require further investigation to understand the reasons behind this significant change. Overall, the company's efficiency in generating sales from its total assets has shown variability, and closely monitoring future trends will be important for assessing its operational performance.