Gen Digital Inc. (GEN)

Total asset turnover

Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Revenue (ttm) US$ in thousands 3,935,000 3,892,000 3,857,000 3,831,000 3,812,000 3,792,000 3,777,000 3,577,000 3,338,000 3,107,000 2,873,000 2,817,000 2,796,000 2,752,000 2,689,000 2,623,000 2,551,000 2,493,000 2,472,000 2,454,000
Total assets US$ in thousands 15,495,000 15,363,000 15,471,000 15,428,000 15,772,000 16,282,000 16,411,000 15,787,000 15,947,000 15,503,000 15,882,000 6,247,000 6,943,000 6,873,000 6,733,000 6,565,000 6,361,000 6,357,000 6,313,000 6,405,000
Total asset turnover 0.25 0.25 0.25 0.25 0.24 0.23 0.23 0.23 0.21 0.20 0.18 0.45 0.40 0.40 0.40 0.40 0.40 0.39 0.39 0.38

March 31, 2025 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $3,935,000K ÷ $15,495,000K
= 0.25

Gen Digital Inc.'s total asset turnover has shown an increasing trend over the past few years, starting at 0.38 in June 2020 and reaching 0.25 in March 2025. This ratio indicates how efficiently the company is generating sales revenue from its assets. The increase in total asset turnover suggests that Gen Digital Inc. is utilizing its assets more effectively to generate sales. However, the ratio experienced a slight decline in the most recent period from June 2024 to March 2025, stabilizing at 0.25. Further analysis is required to understand the factors contributing to this fluctuation and whether it is a temporary trend or a cause for concern.