ExlService Holdings Inc (EXLS)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,839,380 | 1,619,020 | 1,412,250 | 1,106,200 | 951,676 |
| Total assets | US$ in thousands | 1,618,400 | 1,441,970 | 1,346,120 | 1,282,900 | 1,247,860 |
| Total asset turnover | 1.14 | 1.12 | 1.05 | 0.86 | 0.76 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $1,839,380K ÷ $1,618,400K
= 1.14
ExlService Holdings Inc's total asset turnover has shown a positive trend over the past five years, steadily increasing from 0.76 in December 2020 to 1.14 in December 2024. This indicates that the company has been able to generate more revenue relative to its total assets over this period. A higher total asset turnover ratio suggests that the company is more efficient in generating sales from its assets. The consistent improvement in this ratio may signify effective asset utilization and operational efficiency, which can be positive indicators of the company's overall financial health and performance.
Peer comparison
Dec 31, 2024