ELF Beauty Inc (ELF)
Total asset turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | — | 1,023,930 | 578,844 | 392,155 | 318,110 |
| Total assets | US$ in thousands | — | 1,129,250 | 595,601 | 494,632 | 487,393 |
| Total asset turnover | — | 0.91 | 0.97 | 0.79 | 0.65 |
March 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $—K ÷ $—K
= —
To analyze ELF Beauty Inc's total asset turnover, we observe a trend from March 31, 2021, to March 31, 2024. The total asset turnover ratio increased from 0.65 in 2021 to 0.91 in 2024, indicating that the company generated more sales revenue relative to its total assets during this period. This suggests an improvement in the company's efficiency in utilizing its assets to generate sales.
However, the total asset turnover ratio for March 31, 2025, is unavailable, denoted by a dash. It would be insightful to examine the reasons behind this missing data point to understand the company's performance further. Overall, based on the data available, ELF Beauty Inc has shown positive trends in its total asset turnover, indicating enhanced efficiency in asset utilization for revenue generation.
Peer comparison
Mar 31, 2025