Genpact Limited (G)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 4,767,140 | 4,476,890 | 4,371,170 | 4,022,210 | 3,709,380 |
| Total assets | US$ in thousands | 4,987,150 | 4,805,710 | 4,588,810 | 4,975,270 | 4,873,510 |
| Total asset turnover | 0.96 | 0.93 | 0.95 | 0.81 | 0.76 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $4,767,140K ÷ $4,987,150K
= 0.96
Genpact Limited's total asset turnover has shown a gradual increase over the years. From 0.76 in December 2020, it improved to 0.81 in December 2021, further increasing to 0.95 by December 2022. However, there was a slight dip to 0.93 by December 2023 before reaching its peak at 0.96 by December 2024. This upward trend indicates that the company is generating more revenue relative to its total assets, which could be attributed to efficient asset management or increased sales. Generally, a higher total asset turnover ratio is preferred as it indicates that the company is effectively utilizing its assets to generate sales.
Peer comparison
Dec 31, 2024