Dorian LPG Ltd (LPG)
Total asset turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 353,341 | 560,717 | 389,749 | 274,221 | 315,939 |
| Total assets | US$ in thousands | — | 1,837,650 | 1,607,360 | 1,581,620 | 1,671,960 |
| Total asset turnover | — | 0.31 | 0.24 | 0.17 | 0.19 |
March 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $353,341K ÷ $—K
= —
Dorian LPG Ltd's total asset turnover has fluctuated over the past few years. In March 2021 and March 2022, the total asset turnover was 0.19 and 0.17 respectively, indicating that the company generated $0.19 and $0.17 in revenue for every dollar of assets.
However, there was an improvement in the total asset turnover in March 2023 and March 2024, reaching 0.24 and 0.31 respectively. This suggests that the company became more efficient in utilizing its assets to generate revenue during these years.
It is important to note that the total asset turnover for March 31, 2025, is not available. Overall, monitoring the trend of total asset turnover can provide insights into Dorian LPG Ltd's operational efficiency and asset management strategy.