Heidrick & Struggles International (HSII)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,115,680 | 1,041,180 | 1,083,590 | 1,008,470 | 629,370 |
| Total assets | US$ in thousands | 1,194,190 | 1,141,590 | 1,175,640 | 1,106,800 | 787,812 |
| Total asset turnover | 0.93 | 0.91 | 0.92 | 0.91 | 0.80 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $1,115,680K ÷ $1,194,190K
= 0.93
The total asset turnover ratio for Heidrick & Struggles International has shown a gradual improvement over the past five years. It increased from 0.80 in December 31, 2020, to 0.93 in December 31, 2024. This indicates that the company is generating more revenue relative to its total assets, reflecting better efficiency in asset utilization. The upward trend suggests that Heidrick & Struggles International has been more effective in generating sales from its asset base, which could be attributed to improved operational efficiency or strategic decisions leading to higher productivity. Overall, the increasing total asset turnover ratio is a positive indicator of the company's ability to generate revenue from its asset base.
Peer comparison
Dec 31, 2024