CSG Systems International Inc (CSGS)
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 | 1,197,248 | 1,177,920 | 1,169,645 | 1,165,654 | 1,169,258 | 1,161,810 | 1,148,250 | 1,124,091 | 1,089,752 | 1,074,901 | 1,064,802 | 1,057,768 | 1,046,487 | 1,031,949 | 1,012,848 | 998,035 | 990,533 | 984,793 | 992,099 | 997,634 |
| Total assets | US$ in thousands | 1,500,690 | 1,387,450 | 1,353,290 | 1,292,950 | 1,443,050 | 1,329,600 | 1,293,070 | 1,296,010 | 1,348,550 | 1,259,140 | 1,290,680 | 1,303,330 | 1,387,150 | 1,364,760 | 1,291,680 | 1,274,480 | 1,332,000 | 1,271,820 | 1,269,380 | 1,224,460 |
| Total asset turnover | 0.80 | 0.85 | 0.86 | 0.90 | 0.81 | 0.87 | 0.89 | 0.87 | 0.81 | 0.85 | 0.82 | 0.81 | 0.75 | 0.76 | 0.78 | 0.78 | 0.74 | 0.77 | 0.78 | 0.81 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,197,248K ÷ $1,500,690K
= 0.80
CSG Systems International Inc's total asset turnover ratio has fluctuated over the periods provided. The ratio indicates how efficiently the company is generating sales revenue in relation to its total assets. A higher total asset turnover ratio generally signifies better asset utilization.
From March 31, 2020, to June 30, 2022, the total asset turnover ratio ranged between 0.74 and 0.82, with a slight increase observed towards the end of this period. This suggests some variability in the company's ability to generate revenue in relation to its total assets.
From September 30, 2022, to June 30, 2024, the total asset turnover ratio showed more stability, fluctuating between 0.76 and 0.90. Notably, there was an increase in the ratio in the later periods, indicating improved efficiency in utilizing assets to generate sales.
Overall, CSG Systems International Inc's total asset turnover ratio trended upwards towards the end of the period under review, which could indicate improved efficiency in the company's asset management and revenue generation.
Peer comparison
Dec 31, 2024