Netflix Inc (NFLX)

Total asset turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 39,001,000 33,723,300 31,615,600 29,697,800 24,996,100
Total assets US$ in thousands 53,630,400 48,732,000 48,594,800 44,584,700 39,280,400
Total asset turnover 0.73 0.69 0.65 0.67 0.64

December 31, 2024 calculation

Total asset turnover = Revenue ÷ Total assets
= $39,001,000K ÷ $53,630,400K
= 0.73

Netflix Inc's total asset turnover has shown a slight improvement over the past five years, increasing from 0.64 in December 2020 to 0.73 in December 2024. This indicates that the company has become more efficient in generating revenue from its assets. The upward trend in total asset turnover suggests that Netflix is utilizing its assets more effectively to generate sales. However, it is important to continue monitoring this ratio to ensure the company maintains optimal asset utilization in the future.


See also:

Netflix Inc Total Asset Turnover