Genpact Limited (G)
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 | 4,476,880 | 4,433,170 | 4,408,420 | 4,392,050 | 4,371,170 | 4,340,910 | 4,245,610 | 4,144,586 | 4,022,217 | 3,900,505 | 3,820,288 | 3,732,256 | 3,709,377 | 3,699,548 | 3,652,824 | 3,634,529 | 3,520,543 | 3,415,143 | 3,274,322 | 3,121,084 |
| Total assets | US$ in thousands | 4,805,710 | 4,598,770 | 4,482,340 | 4,505,840 | 4,588,810 | 4,536,670 | 4,540,380 | 4,971,270 | 4,975,270 | 5,049,130 | 4,898,590 | 4,787,920 | 4,873,510 | 4,803,640 | 4,846,090 | 4,402,780 | 4,454,180 | 4,097,760 | 4,012,760 | 3,904,810 |
| Total asset turnover | 0.93 | 0.96 | 0.98 | 0.97 | 0.95 | 0.96 | 0.94 | 0.83 | 0.81 | 0.77 | 0.78 | 0.78 | 0.76 | 0.77 | 0.75 | 0.83 | 0.79 | 0.83 | 0.82 | 0.80 |
December 31, 2023 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $4,476,880K ÷ $4,805,710K
= 0.93
Genpact Ltd's total asset turnover ratio has been relatively stable over the past eight quarters, ranging from 0.83 to 0.98. This ratio measures the efficiency with which the company generates revenue from its assets. A higher total asset turnover ratio indicates better asset utilization.
In the most recent quarter, Q4 2023, the total asset turnover ratio was 0.93, showing a slight decrease compared to the previous quarter. Despite this slight decline, the company has generally maintained a healthy level of asset turnover over the period analyzed.
Genpact Ltd should continue to monitor and manage its asset turnover ratio to ensure optimal utilization of its assets and maximize revenue generation. Further analysis of the company's operations and asset management practices may provide insights on improving efficiency and profitability.
Peer comparison
Dec 31, 2023