Dine Brands Global Inc (DIN)

Total asset turnover

		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	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Revenue (ttm)	US$ in thousands	831,101	832,799	863,435	892,814	909,437	931,104	926,603	922,428	896,205	862,567	810,448	686,541	689,225	720,707	761,512	879,880	910,178	896,865	873,559	829,950
Total assets	US$ in thousands	1,740,290	1,659,580	1,666,550	1,758,070	1,881,490	1,972,020	1,881,770	1,888,280	1,999,370	1,922,500	1,895,920	1,856,290	2,074,900	2,070,920	2,043,270	2,185,470	2,049,500	1,997,510	2,040,660	2,076,120
Total asset turnover		0.48	0.50	0.52	0.51	0.48	0.47	0.49	0.49	0.45	0.45	0.43	0.37	0.33	0.35	0.37	0.40	0.44	0.45	0.43	0.40

December 31, 2023 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $831,101K ÷ $1,740,290K
= 0.48

The total asset turnover of Dine Brands Global Inc has shown relatively stable performance over the past eight quarters, ranging from 0.47 to 0.52. This ratio indicates how efficiently the company is generating sales revenue from its total assets. A higher total asset turnover ratio suggests that the company is utilizing its assets more effectively to generate revenue.

Dine Brands Global Inc's total asset turnover has been around 0.48 to 0.52, which means that, on average, the company generates $0.48 to $0.52 in sales for every dollar of assets it owns. This indicates that the company has been able to efficiently utilize its assets to generate revenue consistently across the quarters analyzed.

While the total asset turnover ratio has fluctuated slightly, the overall trend shows that the company has been maintaining a relatively stable level of asset efficiency. It is important for Dine Brands Global Inc to continue monitoring and optimizing its asset utilization to enhance its operational efficiency and profitability in the long term.