Dream Finders Homes Inc (DFH)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|
| Revenue | US$ in thousands | 4,451,610 | 3,748,590 | 3,342,340 | 1,923,910 |
| Total assets | US$ in thousands | 3,328,650 | 2,562,440 | 2,371,140 | 1,894,250 |
| Total asset turnover | 1.34 | 1.46 | 1.41 | 1.02 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $4,451,610K ÷ $3,328,650K
= 1.34
Dream Finders Homes Inc's total asset turnover has shown an increasing trend over the years. In December 31, 2021, the total asset turnover was 1.02, indicating that the company generated $1.02 in revenue for every $1 of total assets. By December 31, 2024, the total asset turnover had risen to 1.34, suggesting that the company generated $1.34 in revenue for every $1 of total assets.
This increase in total asset turnover generally indicates improved efficiency in utilizing its assets to generate revenue. It could be a result of better management of inventory, increased sales, or more effective asset utilization overall. A rising total asset turnover is a positive sign as it implies that the company is becoming more productive in generating revenue from its total assets. It shows that Dream Finders Homes Inc is more efficient in using its resources to drive sales and grow the business.
Peer comparison
Dec 31, 2024