CSW Industrials, Inc. (CSW)
Total asset turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 878,301 | 792,840 | 757,904 | 626,435 | 419,205 |
| Total assets | US$ in thousands | 1,379,060 | 1,043,330 | 1,043,450 | 995,360 | 874,957 |
| Total asset turnover | 0.64 | 0.76 | 0.73 | 0.63 | 0.48 |
March 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $878,301K ÷ $1,379,060K
= 0.64
The total asset turnover ratio for CSW Industrials, Inc. demonstrates a general upward trend over the specified period, reflecting improvements in the company's efficiency in utilizing its assets to generate sales. Specifically, the ratio increased from 0.48 as of March 31, 2021, to 0.63 by March 31, 2022, indicating that the company was generating more revenue per dollar of assets over that year. This upward trajectory continued with a further increase to 0.73 as of March 31, 2023, suggesting an enhancement in asset utilization. The ratio sustained this positive momentum, reaching 0.76 as of March 31, 2024, signifying ongoing efficiency gains. However, a slight decline to 0.64 is observed as of March 31, 2025, which may indicate a reduction in sales efficiency relative to asset base, or possible changes in asset management, sales strategies, or operational efficiencies. Overall, despite the minor fluctuation in 2025, CSW Industrials, Inc. has exhibited a trend of increasing asset turnover, highlighting an improvement in operational efficiency over the period.
Peer comparison
Mar 31, 2025