Gen Digital Inc. (GEN)
Total asset turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,935,000 | 3,812,000 | 3,338,000 | 2,796,000 | 2,551,000 |
| Total assets | US$ in thousands | — | 15,772,000 | 15,947,000 | 6,943,000 | 6,361,000 |
| Total asset turnover | — | 0.24 | 0.21 | 0.40 | 0.40 |
March 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $3,935,000K ÷ $—K
= —
Gen Digital Inc.'s total asset turnover has remained relatively stable around 0.40 from March 31, 2021, to March 31, 2022. This indicates that the company is generating $0.40 in sales for every $1 of total assets it holds during these years. However, there was a noticeable decline in total asset turnover in the following years, dropping to 0.21 as of March 31, 2023, and then improving slightly to 0.24 as of March 31, 2024. The lack of data for March 31, 2025, makes it difficult to assess the trend beyond 2024. The declining trend in total asset turnover could suggest that the company may be facing challenges in efficiently utilizing its assets to generate revenue, warranting further examination of its operational efficiency and asset management strategies.
Peer comparison
Mar 31, 2025