Walt Disney Company (DIS)
Total asset turnover
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 91,361,000 | 88,898,000 | 82,722,000 | 67,418,000 | 65,388,000 |
| Total assets | US$ in thousands | 196,219,000 | 205,579,000 | 203,631,000 | 203,609,000 | 201,549,000 |
| Total asset turnover | 0.47 | 0.43 | 0.41 | 0.33 | 0.32 |
September 30, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $91,361,000K ÷ $196,219,000K
= 0.47
Walt Disney Company's total asset turnover has improved steadily over the past five years, increasing from 0.32 in 2020 to 0.47 in 2024. This indicates that the company is generating more revenue relative to its total assets. A higher total asset turnover ratio suggests that Disney is utilizing its assets more efficiently to generate sales. This improvement may be attributed to better management of assets, increased sales, or a combination of both. Overall, the trend in total asset turnover reflects positively on Disney's operational efficiency and effectiveness in generating revenue from its asset base.
Peer comparison
Sep 30, 2024