Exelon Corporation (EXC)

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	21,728,000	21,027,000	19,892,000	19,313,000	19,077,000	18,835,000	18,853,000	18,634,000	17,939,000	22,017,000	26,007,000	29,309,000	33,424,000	33,265,000	33,341,000	33,708,000	34,438,000	34,907,000	35,379,000	35,764,000
Total assets	US$ in thousands	101,546,000	99,259,000	98,080,000	96,925,000	95,349,000	93,455,000	92,295,000	92,698,000	133,013,000	132,621,000	129,396,000	130,000,000	129,317,000	127,767,000	126,313,000	124,677,000	124,977,000	122,738,000	121,596,000	121,593,000
Total asset turnover		0.21	0.21	0.20	0.20	0.20	0.20	0.20	0.20	0.13	0.17	0.20	0.23	0.26	0.26	0.26	0.27	0.28	0.28	0.29	0.29

December 31, 2023 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $21,728,000K ÷ $101,546,000K
= 0.21

Exelon Corp.'s total asset turnover has exhibited consistency in the range of 0.20 to 0.21 for the most recent quarters. However, there has been a notable decline in total asset turnover since the second quarter of 2022, where it was at a much higher level of 0.34. This suggests that the company may be less efficient in generating sales revenue relative to its total assets in the recent quarters. Further investigation into the reasons behind this decreasing trend in total asset turnover is recommended to assess the company's operational efficiency and asset utilization.