CSW Industrials Inc (CSWI)

Total asset turnover

Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021 Mar 31, 2020
Revenue US$ in thousands 792,840 757,904 626,435 419,205 385,871
Total assets US$ in thousands 1,043,330 1,043,450 995,360 874,957 369,245
Total asset turnover 0.76 0.73 0.63 0.48 1.05

March 31, 2024 calculation

Total asset turnover = Revenue ÷ Total assets
= $792,840K ÷ $1,043,330K
= 0.76

Total asset turnover for CSW Industrials Inc has fluctuated over the past five years. The ratio has generally been increasing from 0.48 in March 31, 2021 to 0.76 in March 31, 2024.

A total asset turnover ratio of less than 1 suggests that the company generates less revenue relative to its total assets, indicating that its assets are not being efficiently utilized to generate sales.

The increase in the total asset turnover ratio over the years indicates an improvement in the company's efficiency in utilizing its assets to generate revenue. However, it is essential to further analyze the company's operations and industry benchmarks to gain a more comprehensive understanding of its asset utilization efficiency.


Peer comparison

Mar 31, 2024

Company name
Symbol
Total asset turnover
CSW Industrials Inc
CSWI
0.76
H B Fuller Company
FUL
0.72