Dream Finders Homes Inc (DFH)

Total asset turnover

		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
Revenue (ttm)	US$ in thousands	4,028,420	3,917,380	3,806,969	3,748,589	3,710,059	3,599,898	3,447,693	3,342,339	3,094,959	2,672,274	2,244,416	1,923,910
Total assets	US$ in thousands	3,324,660	2,985,200	2,716,930	2,562,440	2,384,050	2,288,230	2,308,800	2,371,140	2,287,260	2,112,790	1,992,470	1,894,250	1,232,580	932,282	866,722
Total asset turnover		1.21	1.31	1.40	1.46	1.56	1.57	1.49	1.41	1.35	1.26	1.13	1.02

September 30, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $4,028,420K ÷ $3,324,660K
= 1.21

Total asset turnover is a financial ratio that measures a company's efficiency in generating sales revenue from its total assets. Dream Finders Homes Inc's total asset turnover has fluctuated over the past several quarters, ranging from a low of 1.02 to a high of 1.57.

A higher total asset turnover indicates that Dream Finders Homes Inc is effectively utilizing its assets to generate sales revenue. The company's performance in this aspect peaked in the third quarter of 2023 with a total asset turnover of 1.57, suggesting efficient asset utilization during that period.

However, there has been some volatility in the ratio, with fluctuations in subsequent quarters. This could imply changes in the company's sales revenue relative to its total assets, which may be influenced by various factors such as changes in business operations, market conditions, or asset management strategies.

Overall, analyzing Dream Finders Homes Inc's total asset turnover trend provides insight into the company's operational efficiency and effectiveness in utilizing its assets to drive sales.