Alliant Energy Corp (LNT)

Total asset turnover

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Revenue (ttm)	US$ in thousands	4,027,000	4,070,000	4,144,000	4,193,000	4,204,000	4,044,000	3,948,000	3,831,000	3,669,000	3,560,000	3,456,000	3,401,500	3,416,300	3,272,400	3,410,600	3,507,300	3,647,700	3,641,100	3,579,500	3,605,400
Total assets	US$ in thousands	21,237,000	20,904,000	20,383,000	20,240,000	20,163,000	20,205,000	19,391,000	18,839,000	18,553,000	18,329,000	17,939,000	17,594,000	17,710,000	17,540,000	17,269,700	16,879,000	16,701,000	16,533,400	16,121,600	15,713,400
Total asset turnover		0.19	0.19	0.20	0.21	0.21	0.20	0.20	0.20	0.20	0.19	0.19	0.19	0.19	0.19	0.20	0.21	0.22	0.22	0.22	0.23

December 31, 2023 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $4,027,000K ÷ $21,237,000K
= 0.19

The total asset turnover for Alliant Energy Corp. has been relatively stable over the past eight quarters, ranging from 0.19 to 0.21. This ratio indicates that the company generates between $0.19 and $0.21 in sales for every dollar of total assets held during those periods.

A total asset turnover below 1 may suggest inefficient utilization of assets to generate revenue, while a ratio above 1 typically indicates effective asset management. In this case, Alliant Energy Corp.'s total asset turnover consistently falls below 1, which might indicate that the company could enhance its asset utilization to boost revenue generation efficiency.

Overall, further analysis of operational efficiencies and strategies to improve asset turnover could be beneficial for Alliant Energy Corp. to optimize its financial performance.