Humana Inc (HUM)
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 | 117,761,000 | 115,010,000 | 112,036,000 | 109,243,000 | 106,374,000 | 102,351,000 | 98,727,000 | 95,642,000 | 92,870,000 | 91,485,000 | 89,383,000 | 86,366,000 | 83,064,000 | 81,072,000 | 80,450,000 | 78,888,000 | 77,155,000 | 74,388,000 | 70,554,000 | 67,716,000 |
| Total assets | US$ in thousands | 46,479,000 | 50,007,000 | 50,093,000 | 50,091,000 | 47,065,000 | 55,905,000 | 56,455,000 | 54,776,000 | 43,055,000 | 50,765,000 | 46,820,000 | 46,308,000 | 44,358,000 | 45,320,000 | 38,070,000 | 37,415,000 | 34,969,000 | 38,477,000 | 38,455,000 | 34,633,000 |
| Total asset turnover | 2.53 | 2.30 | 2.24 | 2.18 | 2.26 | 1.83 | 1.75 | 1.75 | 2.16 | 1.80 | 1.91 | 1.87 | 1.87 | 1.79 | 2.11 | 2.11 | 2.21 | 1.93 | 1.83 | 1.96 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $117,761,000K ÷ $46,479,000K
= 2.53
Total asset turnover is a financial ratio that measures a company's efficiency in generating sales revenue from its total assets. For Humana Inc, the total asset turnover ratio has varied over the reported periods. The ratio was relatively stable around 1.8 to 2.2 from March 2020 to June 2022, indicating that the company was effectively utilizing its assets to generate revenue. However, there was a notable increase in the ratio in the second half of 2022, reaching a peak of 2.53 by December 2024.
This increase suggests that Humana Inc was able to generate more revenue per dollar of assets during this period, showcasing improved asset utilization and operational efficiency. The subsequent slight fluctuations in the ratio from 2023 to 2024 indicate some variability in the company's asset turnover efficiency during those periods.
Overall, the trend in Humana Inc's total asset turnover indicates that the company has been efficiently utilizing its assets to generate revenue, with a notable improvement towards the end of the period analyzed.
Peer comparison
Dec 31, 2024