Hasbro Inc (HAS)
Total asset turnover
| 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 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 4,135,500 | 4,322,800 | 4,544,900 | 4,759,600 | 5,003,300 | 5,392,900 | 5,565,400 | 5,694,600 | 5,856,700 | 6,191,600 | 6,485,700 | 6,468,700 | 6,420,400 | 6,129,970 | 5,936,570 | 5,474,670 | 5,465,470 | 5,170,510 | 4,969,080 | 5,093,317 |
| Total assets | US$ in thousands | 6,340,300 | 7,229,900 | 6,864,100 | 6,203,000 | 6,540,900 | 8,340,200 | 8,609,700 | 8,923,700 | 9,295,900 | 9,626,100 | 9,503,000 | 9,518,700 | 10,037,800 | 10,230,400 | 10,102,200 | 10,189,100 | 10,818,400 | 10,703,200 | 10,222,000 | 10,424,400 |
| Total asset turnover | 0.65 | 0.60 | 0.66 | 0.77 | 0.76 | 0.65 | 0.65 | 0.64 | 0.63 | 0.64 | 0.68 | 0.68 | 0.64 | 0.60 | 0.59 | 0.54 | 0.51 | 0.48 | 0.49 | 0.49 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $4,135,500K ÷ $6,340,300K
= 0.65
Total asset turnover measures how efficiently a company generates revenue from its assets. For Hasbro Inc, the total asset turnover ratio has shown some fluctuations over the past periods. From March 31, 2020, to December 31, 2021, the total asset turnover increased steadily from 0.49 to 0.64, indicating improved efficiency in utilizing assets to generate revenue.
However, there was a slight dip in the ratio to 0.63 by December 31, 2022, which was followed by fluctuations in subsequent quarters. The ratio peaked at 0.77 on March 31, 2024, illustrating a significant increase in revenue generation relative to the assets held.
Overall, Hasbro Inc's total asset turnover ratio has shown variability but generally trended upwards, highlighting the company's ability to efficiently utilize its assets to generate revenue, with some fluctuations seen in certain periods.