Insperity Inc (NSP)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 6,581,000 | 6,458,730 | 5,924,610 | 4,965,610 | 4,278,990 |
| Total assets | US$ in thousands | 2,597,000 | 2,120,000 | 2,039,260 | 1,753,080 | 1,584,280 |
| Total asset turnover | 2.53 | 3.05 | 2.91 | 2.83 | 2.70 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $6,581,000K ÷ $2,597,000K
= 2.53
Insperity Inc's total asset turnover has shown a positive trend over the past five years, increasing from 2.70 in 2020 to 2.53 in 2024. This suggests that the company is generating more revenue relative to its total assets. However, there was a slight dip in 2024 compared to the previous year. A total asset turnover ratio of 2.53 means that for every dollar of assets, Insperity Inc generated $2.53 in revenue in 2024. Overall, the company's efficiency in utilizing its assets to generate revenue has improved over the period under review, although fluctuations in the ratio indicate changes in the company's operational efficiency.
Peer comparison
Dec 31, 2024