Greenbrier Companies Inc (GBX)
Total asset turnover
| Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 3,727,000 | 3,986,300 | 3,944,000 | 3,877,300 | 3,632,700 | 3,193,500 | 2,977,700 | 2,626,100 | 2,282,800 | 1,895,600 | 1,747,900 | 1,785,236 | 2,097,593 | 2,425,841 | 2,792,200 | 3,070,009 | 3,163,604 | 3,198,427 | 3,033,591 | 2,808,552 |
| Total assets | US$ in thousands | 4,043,600 | 4,014,700 | 3,978,400 | 3,921,700 | 3,952,500 | 3,817,100 | 3,851,500 | 3,706,100 | 3,612,700 | 3,470,000 | 3,390,700 | 3,210,170 | 3,059,360 | 3,046,080 | 3,173,800 | 3,279,030 | 2,947,660 | 2,948,780 | 2,990,640 | 2,513,190 |
| Total asset turnover | 0.92 | 0.99 | 0.99 | 0.99 | 0.92 | 0.84 | 0.77 | 0.71 | 0.63 | 0.55 | 0.52 | 0.56 | 0.69 | 0.80 | 0.88 | 0.94 | 1.07 | 1.08 | 1.01 | 1.12 |
February 29, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $3,727,000K ÷ $4,043,600K
= 0.92
The total asset turnover ratio for Greenbrier Companies Inc fluctuated over the past few quarters, ranging from 0.52 to 1.12. The ratio measures how efficiently the company generates sales from its assets. A higher ratio indicates that the company is more effective at utilizing its assets to generate revenue.
In the most recent quarter, the total asset turnover was 0.92, indicating that the company generated $0.92 in sales for every dollar of assets. This ratio has been relatively stable, with slight fluctuations around the 1.0 mark.
Overall, the trend suggests that Greenbrier Companies Inc has been maintaining a moderate level of efficiency in utilizing its assets to generate revenue. However, further analysis and comparison with industry standards could provide a more comprehensive understanding of the company's asset utilization efficiency.
Peer comparison
Feb 29, 2024