Dorian LPG Ltd (LPG)
Total asset turnover
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 353,341 | 418,845 | 501,243 | 563,508 | 560,718 | 552,961 | 493,218 | 424,488 | 389,749 | 335,698 | 300,976 | 288,095 | 274,222 | 294,222 | 314,101 | 305,724 | 315,938 | 311,556 | 308,515 | 345,430 |
| Total assets | US$ in thousands | 1,778,660 | 1,820,060 | 1,861,240 | 1,911,790 | 1,837,650 | 1,820,340 | 1,784,020 | 1,523,450 | 1,708,910 | 1,530,410 | 1,488,460 | 1,523,450 | 1,607,360 | 1,528,240 | 1,511,600 | 1,564,590 | 1,581,620 | 1,665,040 | 1,674,100 | 1,696,940 |
| Total asset turnover | 0.20 | 0.23 | 0.27 | 0.29 | 0.31 | 0.30 | 0.28 | 0.28 | 0.23 | 0.22 | 0.20 | 0.19 | 0.17 | 0.19 | 0.21 | 0.20 | 0.20 | 0.19 | 0.18 | 0.20 |
March 31, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $353,341K ÷ $1,778,660K
= 0.20
The total asset turnover of Dorian LPG Ltd has shown fluctuating trends over the past few years. It decreased from 0.20 as of June 30, 2020, to 0.18 by September 30, 2020, before slightly increasing to 0.19 by December 31, 2020. The ratio remained at 0.20 as of March 31, 2021, before demonstrating a gradual increase reaching 0.30 by December 31, 2023. It then peaked at 0.31 as of March 31, 2024, before declining to 0.20 by the end of March 31, 2025. Overall, the total asset turnover ratio indicates the company's ability to generate revenue relative to its total assets, and the fluctuations may suggest varying levels of efficiency in asset utilization over the period analyzed.