IAC Inc. (IAC)
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 | 3,807,233 | 3,875,956 | 4,048,577 | 4,210,640 | 4,365,230 | 4,553,650 | 4,743,210 | 4,994,200 | 5,235,270 | 5,148,260 | 4,771,428 | 4,238,395 | 3,789,043 | 3,478,422 | 3,342,731 | 3,239,545 | 3,047,681 | 4,920,632 | 4,837,637 | 4,799,961 |
| Total assets | US$ in thousands | 9,547,160 | 9,837,190 | 10,204,100 | 10,359,600 | 10,371,200 | 10,018,200 | 10,549,100 | 10,754,000 | 10,393,600 | 10,441,600 | 10,749,100 | 11,893,500 | 12,614,300 | 9,427,720 | 9,288,580 | 9,736,280 | 9,161,710 | 8,480,210 | 6,371,760 | 5,591,250 |
| Total asset turnover | 0.40 | 0.39 | 0.40 | 0.41 | 0.42 | 0.45 | 0.45 | 0.46 | 0.50 | 0.49 | 0.44 | 0.36 | 0.30 | 0.37 | 0.36 | 0.33 | 0.33 | 0.58 | 0.76 | 0.86 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $3,807,233K ÷ $9,547,160K
= 0.40
The total asset turnover of IAC Inc. has been fluctuating over the specified period. The ratio indicates how efficiently the company is utilizing its assets to generate revenue.
From March 31, 2020, to September 30, 2021, the total asset turnover decreased from 0.86 to 0.37. This decline suggests that the company may not be effectively utilizing its assets to generate sales during this period.
However, there was a slight improvement in total asset turnover from December 31, 2021, to December 31, 2022, reaching a peak of 0.50. This uptrend indicates that the company was able to generate more revenue for each dollar of assets during this time frame.
Subsequently, there was a slight decrease in the total asset turnover ratio from March 31, 2023, to December 31, 2024, ranging between 0.40 to 0.42. This pattern suggests that the company's asset utilization to generate revenue slightly weakened during this period.
In conclusion, the total asset turnover ratio of IAC Inc. has shown fluctuations over the specified period, indicating varying degrees of efficiency in utilizing assets to generate revenue.
Peer comparison
Dec 31, 2024