CSW Industrials Inc (CSWI)
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 | 858,612 | 839,930 | 815,657 | 792,840 | 777,666 | 773,792 | 761,331 | 757,905 | 735,518 | 700,711 | 665,104 | 626,436 | 586,506 | 540,152 | 489,507 | 419,205 | 384,334 | 378,118 | 374,502 | 385,871 |
| Total assets | US$ in thousands | 1,350,200 | 1,359,300 | 1,050,530 | 1,043,330 | 993,131 | 1,011,310 | 1,033,100 | 1,043,450 | 1,047,670 | 1,021,390 | 1,017,920 | 995,360 | 950,045 | 903,022 | 904,242 | 874,957 | 880,577 | 391,667 | 371,357 | 369,245 |
| Total asset turnover | 0.64 | 0.62 | 0.78 | 0.76 | 0.78 | 0.77 | 0.74 | 0.73 | 0.70 | 0.69 | 0.65 | 0.63 | 0.62 | 0.60 | 0.54 | 0.48 | 0.44 | 0.97 | 1.01 | 1.05 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $858,612K ÷ $1,350,200K
= 0.64
CSW Industrials Inc's total asset turnover ratio has fluctuated over the past few years, indicating variations in how efficiently the company is generating sales from its total assets. The ratio decreased from 1.05 on March 31, 2020, to a low of 0.44 on December 31, 2020. This significant drop may suggest a decrease in the company's ability to efficiently utilize its assets to generate revenue during this period.
However, there was a gradual improvement in the ratio over the following quarters, reaching 0.78 by December 31, 2024. This indicates a better utilization of assets to generate sales compared to the previous low point. Overall, the trend suggests that CSW Industrials Inc has been able to enhance its efficiency in generating revenue from its assets, although there have been fluctuations along the way.
It's important to continue monitoring the total asset turnover ratio to assess the company's ongoing operational efficiency and its ability to maximize returns from its asset base.
Peer comparison
Dec 31, 2024