Lumen Technologies Inc (LUMN)
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 | 13,108,000 | 13,296,000 | 13,716,000 | 14,109,000 | 14,557,000 | 14,840,000 | 15,589,000 | 16,540,000 | 17,478,000 | 18,525,000 | 19,022,000 | 19,334,000 | 19,687,000 | 19,965,000 | 20,245,000 | 20,513,000 | 20,712,000 | 21,157,000 | 21,596,000 | 21,982,000 |
| Total assets | US$ in thousands | 33,496,000 | 33,989,000 | 32,943,000 | 33,173,000 | 34,018,000 | 35,921,000 | 36,168,000 | 45,530,000 | 45,581,000 | 54,817,000 | 57,675,000 | 58,037,000 | 57,993,000 | 58,308,000 | 58,947,000 | 58,828,000 | 59,394,000 | 62,599,000 | 64,171,000 | 64,056,000 |
| Total asset turnover | 0.39 | 0.39 | 0.42 | 0.43 | 0.43 | 0.41 | 0.43 | 0.36 | 0.38 | 0.34 | 0.33 | 0.33 | 0.34 | 0.34 | 0.34 | 0.35 | 0.35 | 0.34 | 0.34 | 0.34 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $13,108,000K ÷ $33,496,000K
= 0.39
The total asset turnover ratio of Lumen Technologies Inc has shown relatively stable performance over the past few years, ranging between 0.33 and 0.43. This ratio indicates the company's ability to generate sales from its assets, with a higher ratio generally indicating more efficient asset utilization.
The trend in the total asset turnover ratio fluctuates slightly, with some variability throughout the quarters. Overall, the ratio remained around 0.34 to 0.35 in 2020 and 2021, before experiencing an increase to 0.38 in December 2022. Subsequently, the ratio decreased to 0.39 by the end of 2024, following a peak of 0.43 in June and December 2023.
This volatility in the total asset turnover ratio may suggest fluctuations in Lumen Technologies Inc's sales relative to its total assets during the periods analyzed. It is important for the company to continue monitoring and improving its asset management efficiency to ensure sustainable growth and profitability in the long term.
Peer comparison
Dec 31, 2024