Genpact Limited (G)
Total asset turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 4,476,890 | 4,371,170 | 4,022,210 | 3,709,380 | 3,520,540 |
| Total assets | US$ in thousands | 4,805,710 | 4,588,810 | 4,975,270 | 4,873,510 | 4,454,180 |
| Total asset turnover | 0.93 | 0.95 | 0.81 | 0.76 | 0.79 |
December 31, 2023 calculation
Total asset turnover = Revenue ÷ Total assets
= $4,476,890K ÷ $4,805,710K
= 0.93
The total asset turnover of Genpact Ltd has exhibited fluctuations over the past five years. The ratio was 0.93 in 2023, a slight decrease from 0.95 in 2022. This indicates that the company generated $0.93 in revenue for every dollar of assets at its disposal in 2023. The trend shows an improvement from 0.81 in 2021 and 0.76 in 2020, reflecting enhanced efficiency in asset utilization. However, the ratio is still below the 2019 level of 0.79. Overall, Genpact's ability to generate revenue from its assets has shown variability, suggesting the need for continued monitoring and potential optimization strategies.
Peer comparison
Dec 31, 2023