Liquidity Services Inc (LQDT)
Total asset turnover
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 367,205 | 317,498 | 280,423 | 258,046 | 207,151 |
| Total assets | US$ in thousands | 346,888 | 288,970 | 288,104 | 255,576 | 196,634 |
| Total asset turnover | 1.06 | 1.10 | 0.97 | 1.01 | 1.05 |
September 30, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $367,205K ÷ $346,888K
= 1.06
The total asset turnover of Liquidity Services Inc has fluctuated over the past five years. The company generated $1.06 in revenue for every dollar of assets in 2024, representing a slight decrease from 2023 where the total asset turnover was 1.10. In 2022, the total asset turnover was 0.97, indicating that the company generated less revenue per dollar of assets compared to the other years. However, in 2021 and 2020, the total asset turnover was 1.01 and 1.05 respectively, showing that the company was more efficient in utilizing its assets to generate revenue during those years. Overall, while there have been some fluctuations, Liquidity Services Inc has generally been effective in generating revenue relative to its total assets over the past five years.
Peer comparison
Sep 30, 2024