Inter Parfums Inc (IPAR)

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	1,454,289	1,421,425	1,366,393	1,332,438	1,317,700	1,293,741	1,207,007	1,143,274	1,086,701	987,400	969,505	931,518	881,093	854,682	752,668	595,832	539,000	533,353	564,477	680,812
Total assets	US$ in thousands	1,411,260	1,480,600	1,363,990	1,349,180	1,369,330	1,394,400	1,351,660	1,369,330	1,308,540	1,111,190	1,102,450	1,162,210	1,145,360	1,126,550	1,108,320	1,145,360	890,145	816,181	753,719	781,432
Total asset turnover		1.03	0.96	1.00	0.99	0.96	0.93	0.89	0.83	0.83	0.89	0.88	0.80	0.77	0.76	0.68	0.52	0.61	0.65	0.75	0.87

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,454,289K ÷ $1,411,260K
= 1.03

The total asset turnover of Inter Parfums Inc has exhibited a fluctuating trend over the provided periods. Starting at 0.87 on March 31, 2020, the total asset turnover decreased to 0.61 by December 31, 2020, indicating that the company generated $0.61 in revenue for every dollar of assets.

Subsequently, the total asset turnover increased to 0.88 by June 30, 2022, before reaching its peak of 1.03 on December 31, 2024. This suggests that Inter Parfums Inc became more efficient in generating sales relative to its total assets during this period.

Overall, the total asset turnover of the company showcased a mix of fluctuations and improvements over the analyzed periods, reflecting varying levels of efficiency in utilizing its assets to generate revenue.