Jack In The Box Inc (JACK)

Total asset turnover

		Sep 30, 2024	Jul 7, 2024	Apr 14, 2024	Jan 21, 2024	Sep 30, 2023	Jul 9, 2023	Apr 16, 2023	Jan 22, 2023	Sep 30, 2022	Jul 10, 2022	Apr 17, 2022	Jan 23, 2022	Sep 30, 2021	Jun 30, 2021	Apr 11, 2021	Jan 17, 2021	Sep 30, 2020	Jul 5, 2020	Apr 12, 2020	Jan 19, 2020
Revenue (ttm)	US$ in thousands	1,571,306	1,594,540	1,622,311	1,652,708	1,692,306	1,722,555	1,723,918	1,650,468	1,468,083	1,343,764	1,214,917	1,149,840	1,143,670	1,120,617	1,093,434	1,052,374	1,021,506	987,340	967,424	966,994
Total assets	US$ in thousands	2,735,630	2,745,220	2,898,980	2,887,260	3,001,090	2,951,780	2,903,380	2,907,020	2,922,510	2,863,770	2,823,750	1,758,600	1,750,140	1,787,470	1,790,780	1,913,570	1,906,490	1,886,700	1,861,250	1,690,310
Total asset turnover		0.57	0.58	0.56	0.57	0.56	0.58	0.59	0.57	0.50	0.47	0.43	0.65	0.65	0.63	0.61	0.55	0.54	0.52	0.52	0.57

September 30, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,571,306K ÷ $2,735,630K
= 0.57

Total asset turnover measures how efficiently a company generates sales revenue from its assets. A higher total asset turnover indicates that the company is able to generate more sales from its assets. Jack In The Box Inc's total asset turnover has fluctuated over the periods provided, ranging from 0.43 to 0.65. The trend shows some variability but generally seems to have remained within a moderate range. It is important for investors and management to monitor this ratio to assess the company's efficiency in utilizing its assets to generate sales revenue.