Insight Enterprises Inc (NSIT)
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 | 8,701,690 | 8,865,040 | 9,043,440 | 9,231,380 | 9,175,850 | 9,442,450 | 9,710,510 | 10,104,290 | 10,431,190 | 10,494,600 | 10,407,770 | 9,893,890 | 9,436,110 | 9,161,410 | 8,650,370 | 8,389,610 | 8,340,590 | 8,346,430 | 8,322,500 | 8,189,780 |
| Total assets | US$ in thousands | 7,448,580 | 7,286,440 | 7,352,810 | 6,567,240 | 6,286,350 | 5,078,220 | 5,542,330 | 4,960,530 | 5,112,580 | 4,997,710 | 5,604,320 | 4,849,790 | 4,689,080 | 4,435,380 | 4,667,050 | 4,254,610 | 4,310,730 | 3,827,310 | 4,341,480 | 4,057,020 |
| Total asset turnover | 1.17 | 1.22 | 1.23 | 1.41 | 1.46 | 1.86 | 1.75 | 2.04 | 2.04 | 2.10 | 1.86 | 2.04 | 2.01 | 2.07 | 1.85 | 1.97 | 1.93 | 2.18 | 1.92 | 2.02 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $8,701,690K ÷ $7,448,580K
= 1.17
Insight Enterprises Inc's total asset turnover has been fluctuating over the past few years. The company's total asset turnover ratio ranged from a high of 2.18 in September 30, 2020, to a low of 1.17 in December 31, 2024. A total asset turnover ratio of 2.18 indicates that for every dollar of assets the company holds, it generated $2.18 in sales.
Overall, the trend suggests that the efficiency with which Insight Enterprises Inc is utilizing its assets to generate sales has fluctuated over the periods analyzed. It is important for the company to monitor this ratio closely to ensure optimal utilization of its assets and overall operational efficiency.
Peer comparison
Dec 31, 2024