Littelfuse Inc (LFUS)
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 | 2,190,769 | 2,195,071 | 2,234,752 | 2,288,260 | 2,362,657 | 2,442,101 | 2,493,910 | 2,500,349 | 2,513,897 | 2,453,711 | 2,334,412 | 2,239,464 | 2,079,928 | 1,927,559 | 1,779,544 | 1,563,393 | 1,445,695 | 1,383,522 | 1,353,927 | 1,444,469 |
| Total assets | US$ in thousands | 3,903,640 | 4,062,240 | 3,924,980 | 3,943,460 | 3,995,280 | 4,002,930 | 3,975,710 | 3,961,740 | 3,903,730 | 3,777,930 | 3,544,470 | 3,193,170 | 3,151,700 | 3,038,520 | 2,927,500 | 2,786,870 | 2,747,590 | 2,654,370 | 2,611,060 | 2,612,630 |
| Total asset turnover | 0.56 | 0.54 | 0.57 | 0.58 | 0.59 | 0.61 | 0.63 | 0.63 | 0.64 | 0.65 | 0.66 | 0.70 | 0.66 | 0.63 | 0.61 | 0.56 | 0.53 | 0.52 | 0.52 | 0.55 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,190,769K ÷ $3,903,640K
= 0.56
Total asset turnover is a financial ratio that measures a company's ability to generate revenue from its assets. For Littelfuse Inc, the total asset turnover has shown fluctuations over the specified period.
From March 31, 2020, to December 31, 2024, the total asset turnover ratio varied between 0.52 and 0.70. Notably, there was an increasing trend in the ratio from March 31, 2021, to March 31, 2022, where it reached its peak at 0.70 before slightly declining.
Overall, the company's ability to generate revenue from its total assets has shown some variability, potentially indicating changes in the efficiency of asset utilization over the period under review. It is essential for stakeholders to further investigate the reasons behind these fluctuations to assess the company's operational performance and financial health effectively.
Peer comparison
Dec 31, 2024