Extreme Networks Inc (EXTR)

Total asset turnover

		Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Revenue (ttm)	US$ in thousands	1,140,067	1,089,717	1,016,248	1,033,270	1,117,203	1,224,460	1,345,931	1,367,902	1,312,454	1,226,740	1,179,741	1,142,326	1,112,321	1,112,213	1,080,105	1,041,300	1,009,418	946,852	902,971	928,315
Total assets	US$ in thousands	1,153,220	1,073,080	1,080,940	1,056,520	1,042,590	1,085,470	1,142,660	1,106,510	1,141,710	1,068,400	1,062,180	1,057,780	1,068,510	1,024,840	1,012,800	1,008,800	1,010,090	953,676	945,837	959,494
Total asset turnover		0.99	1.02	0.94	0.98	1.07	1.13	1.18	1.24	1.15	1.15	1.11	1.08	1.04	1.09	1.07	1.03	1.00	0.99	0.95	0.97

June 30, 2025 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,140,067K ÷ $1,153,220K
= 0.99

The total asset turnover ratio for Extreme Networks Inc exhibits notable fluctuations over the analyzed period from September 2020 through June 2025. Initially, the ratio decreased slightly from 0.97 in September 2020 to 0.95 by December 2020, indicating a modest decline in the efficiency of asset utilization in generating revenue. Subsequently, a gradual upward trend emerged, peaking at 1.15 in March and June 2023, suggesting a period of improved efficiency in deploying assets to generate sales.

Between mid-2023 and early 2024, the ratio declined from 1.15 to 0.94, reflecting a reduction in asset turnover efficiency. This downward movement persisted through parts of 2024, reaching as low as 0.94 in December 2024. The ratio then experienced a partial recovery, rising back to approximately 1.02 in March 2025, before slightly decreasing again to 0.99 in June 2025.

Overall, the data demonstrates a pattern of moderate fluctuations, with periods of both improvement and decline. The highest ratio observed (1.15) indicates peak asset utilization efficiency during early 2023, while the recent decline toward below 1.00 suggests a potential decrease in operational efficiency or asset utilization effectiveness in the most recent quarters. These trends reflect variability in how effectively the company has been leveraging its assets to generate revenue over this period.