Intel Corporation (INTC)

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	53,264,000	54,364,000	55,781,000	55,667,000	54,506,000	49,818,000	51,609,000	53,222,000	60,233,000	69,226,000	72,142,000	77,425,000	78,200,000	77,539,000	76,698,000	76,709,000	76,997,000	77,332,000	78,200,000	75,050,000
Total assets	US$ in thousands	196,485,000	193,542,000	206,205,000	192,733,000	191,572,000	188,837,000	185,629,000	185,303,000	182,103,000	174,841,000	170,418,000	176,356,000	168,406,000	167,962,000	154,597,000	150,622,000	153,091,000	145,261,000	152,539,000	147,710,000
Total asset turnover		0.27	0.28	0.27	0.29	0.28	0.26	0.28	0.29	0.33	0.40	0.42	0.44	0.46	0.46	0.50	0.51	0.50	0.53	0.51	0.51

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $53,264,000K ÷ $196,485,000K
= 0.27

The total asset turnover of Intel Corporation, which measures the efficiency of the company in generating sales revenue from its total assets, has been on a declining trend over the analyzed period. Starting at 0.51 in March 2020, the ratio fluctuated within a narrow range until reaching 0.46 by September 2021. Subsequently, there was a notable decline to 0.33 by December 2022. The ratio continued to decrease and hit its lowest point at 0.26 by September 2023 before slightly improving to 0.27 by December 2024. This downward trend indicates that Intel has been less effective in utilizing its assets to generate revenue over time.