Itron Inc (ITRI)
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 | 2,441,973 | 2,396,573 | 2,345,043 | 2,277,357 | 2,168,374 | 2,058,238 | 1,919,092 | 1,810,221 | 1,789,196 | 1,772,212 | 1,837,352 | 1,882,538 | 1,918,727 | 1,982,641 | 2,027,694 | 2,050,196 | 2,129,627 | 2,242,805 | 2,325,037 | 2,448,668 |
| Total assets | US$ in thousands | 3,407,620 | 3,365,410 | 3,283,940 | 2,676,560 | 2,604,260 | 2,511,410 | 2,498,640 | 2,445,920 | 2,378,080 | 2,316,780 | 2,307,600 | 2,419,820 | 2,393,790 | 2,422,770 | 2,488,580 | 2,927,970 | 2,607,020 | 3,015,920 | 3,012,140 | 3,071,750 |
| Total asset turnover | 0.72 | 0.71 | 0.71 | 0.85 | 0.83 | 0.82 | 0.77 | 0.74 | 0.75 | 0.76 | 0.80 | 0.78 | 0.80 | 0.82 | 0.81 | 0.70 | 0.82 | 0.74 | 0.77 | 0.80 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,441,973K ÷ $3,407,620K
= 0.72
Itron Inc's total asset turnover ratio has shown fluctuations over the period covered in the data provided. The total asset turnover ratio indicates how efficiently the company is utilizing its assets to generate sales. A decreasing trend in total asset turnover may suggest that the company is finding it more challenging to generate sales from its assets.
From March 31, 2020, to December 31, 2024, the total asset turnover ratio ranged from 0.70 to 0.85. The highest ratio of 0.85 was observed on March 31, 2024, indicating that for every dollar of assets, the company generated $0.85 in sales. On the other hand, the lowest ratio of 0.70 was recorded on March 31, 2021, suggesting a lower efficiency in asset utilization during that period.
Overall, the total asset turnover of Itron Inc has displayed some fluctuations, but the company has generally maintained a moderate level of efficiency in generating sales from its assets over the period under consideration.
Peer comparison
Dec 31, 2024