DR Horton Inc (DHI)

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	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019
Revenue (ttm)	US$ in thousands	36,801,500	37,302,900	37,062,800	35,928,500	35,460,300	34,595,700	33,658,200	33,684,300	33,479,900	31,949,800	30,446,300	28,894,200	27,774,200	26,065,300	24,170,700	22,223,800	20,311,100	18,949,600	18,465,900	18,094,600
Total assets	US$ in thousands	36,104,300	35,151,400	34,398,200	33,381,600	32,582,400	32,323,100	31,170,800	30,264,500	30,351,100	28,869,900	26,685,300	24,999,400	24,015,900	21,793,500	21,083,800	19,780,400	18,912,300	17,973,900	17,130,000	16,322,900
Total asset turnover		1.02	1.06	1.08	1.08	1.09	1.07	1.08	1.11	1.10	1.11	1.14	1.16	1.16	1.20	1.15	1.12	1.07	1.05	1.08	1.11

September 30, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $36,801,500K ÷ $36,104,300K
= 1.02

DR Horton Inc's total asset turnover has shown a fluctuating trend over the past 20 quarters, ranging from 1.02 to 1.20. The total asset turnover ratio indicates how efficiently the company is utilizing its assets to generate revenue. A higher total asset turnover ratio suggests that the company is generating more revenue per dollar of assets.

In the most recent quarter, the total asset turnover was 1.02, which indicates that for every dollar of assets, DR Horton Inc generated $1.02 in revenue. The ratio has been relatively stable over the past few quarters, ranging between 1.02 and 1.16.

Overall, the total asset turnover ratios for DR Horton Inc indicate efficient utilization of assets to generate revenue, with some fluctuations in performance over the quarters. It is important for the company to monitor and maintain this ratio to ensure optimal asset utilization and sustainable revenue generation in the long term.