Hawkins Inc (HWKN)
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 | 974,431 | 952,133 | 934,424 | 923,921 | 919,162 | 924,287 | 935,009 | 939,675 | 935,098 | 929,926 | 897,758 | 839,843 | 774,541 | 714,539 | 670,416 | 634,940 | 596,871 | 566,313 | 543,792 | 536,034 |
| Total assets | US$ in thousands | 769,867 | 707,240 | 689,697 | 702,738 | 673,160 | 644,047 | 575,297 | 591,963 | 590,535 | 594,004 | 599,283 | 596,404 | 567,328 | 521,144 | 477,804 | 475,015 | 472,550 | 446,005 | 423,080 | 399,462 |
| Total asset turnover | 1.27 | 1.35 | 1.35 | 1.31 | 1.37 | 1.44 | 1.63 | 1.59 | 1.58 | 1.57 | 1.50 | 1.41 | 1.37 | 1.37 | 1.40 | 1.34 | 1.26 | 1.27 | 1.29 | 1.34 |
March 31, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $974,431K ÷ $769,867K
= 1.27
The total asset turnover ratio of Hawkins Inc has demonstrated fluctuations over the given period. The ratio ranged from a low of 1.26 as of March 31, 2021, to a high of 1.63 as of September 30, 2023. This ratio measures the efficiency of the company in generating sales revenue from its total assets.
Overall, there is a noticeable trend of improvement in the total asset turnover ratio from 1.26 in March 31, 2021, to 1.27 in March 31, 2025, indicating the company's ability to generate more sales relative to its asset base.
However, there were periods of decline in the ratio, such as the decrease from 1.59 in June 30, 2023, to 1.44 in December 31, 2023. This decline could be attributed to various factors, including changes in the company's sales volume or asset utilization efficiency.
The average ratio over the period is calculated to be around 1.39, showing that, on average, Hawkins Inc generates $1.39 in sales for every $1 of total assets. It is important for the company to continue monitoring and improving its total asset turnover ratio to ensure efficient asset utilization and maximize revenue generation.
Peer comparison
Mar 31, 2025