Light & Wonder Inc (LNW)
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 | 2,887,000 | 2,857,000 | 2,781,000 | 2,655,000 | 2,559,000 | 2,515,000 | 2,782,000 | 2,545,000 | 2,403,000 | 2,721,000 | 2,166,000 | 2,415,000 | 2,454,000 | 2,354,000 | 2,413,000 | 2,057,000 | 2,032,000 | 2,455,000 | 2,744,000 | 3,186,000 |
| Total assets | US$ in thousands | 5,421,000 | 5,596,000 | 5,538,000 | 5,588,000 | 5,552,000 | 5,887,000 | 5,962,000 | 6,022,000 | 6,009,000 | 6,246,000 | 6,481,000 | 7,952,000 | 7,883,000 | 7,850,000 | 7,762,000 | 7,856,000 | 7,984,000 | 8,102,000 | 7,844,000 | 7,458,000 |
| Total asset turnover | 0.53 | 0.51 | 0.50 | 0.48 | 0.46 | 0.43 | 0.47 | 0.42 | 0.40 | 0.44 | 0.33 | 0.30 | 0.31 | 0.30 | 0.31 | 0.26 | 0.25 | 0.30 | 0.35 | 0.43 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,887,000K ÷ $5,421,000K
= 0.53
The total asset turnover of Light & Wonder Inc has shown fluctuations over the past few years, starting at 0.43 on March 31, 2020, and generally decreasing until June 30, 2021, reaching its lowest point of 0.25 on December 31, 2020. However, from March 31, 2021, there has been a gradual improvement in the total asset turnover, with slight variations quarter by quarter. The ratio increased to 0.53 by December 31, 2024, indicating that the company is generating $0.53 in revenue for every dollar of total assets at the end of 2024. This upward trend in total asset turnover suggests that Light & Wonder Inc has been more efficient in utilizing its assets to generate revenue and is improving its operational performance over time.
Peer comparison
Dec 31, 2024