Intel Corporation (INTC)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 53,565,000 | 53,879,000 | 61,811,000 | 78,168,000 | 76,984,000 |
| Total assets | US$ in thousands | 196,485,000 | 191,572,000 | 182,103,000 | 168,406,000 | 153,091,000 |
| Total asset turnover | 0.27 | 0.28 | 0.34 | 0.46 | 0.50 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $53,565,000K ÷ $196,485,000K
= 0.27
Intel Corporation's total asset turnover has exhibited a declining trend over the past five years, decreasing from 0.50 in December 2020 to 0.27 in December 2024. This indicates that the company is generating less in sales revenue for each dollar of assets it holds. A lower total asset turnover ratio could suggest inefficiencies in asset utilization and could be a cause for concern, as it may imply that Intel is not effectively leveraging its assets to drive revenue growth. Further analysis and investigation into the factors contributing to this decline in total asset turnover would be warranted to assess the company's operational efficiency and financial performance.
Peer comparison
Dec 31, 2024