Insperity Inc (NSP)
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 | 6,581,000 | 6,520,000 | 6,509,840 | 6,490,280 | 6,458,730 | 6,369,930 | 6,261,170 | 6,112,150 | 5,924,610 | 5,729,730 | 5,502,310 | 5,256,290 | 4,965,620 | 4,730,930 | 4,529,360 | 4,337,107 | 4,278,987 | 4,299,447 | 4,334,627 | 4,385,160 |
| Total assets | US$ in thousands | 2,597,000 | 1,933,000 | 2,095,000 | 2,126,000 | 2,120,000 | 1,996,470 | 1,865,270 | 2,039,970 | 2,039,260 | 1,781,510 | 1,892,910 | 1,940,080 | 1,753,080 | 1,734,050 | 1,728,080 | 1,769,080 | 1,584,280 | 1,523,280 | 1,517,730 | 1,522,410 |
| Total asset turnover | 2.53 | 3.37 | 3.11 | 3.05 | 3.05 | 3.19 | 3.36 | 3.00 | 2.91 | 3.22 | 2.91 | 2.71 | 2.83 | 2.73 | 2.62 | 2.45 | 2.70 | 2.82 | 2.86 | 2.88 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $6,581,000K ÷ $2,597,000K
= 2.53
Insperity Inc's total asset turnover has shown fluctuation over the period from March 31, 2020, to December 31, 2024. The ratio started at 2.88 in March 2020, showing that the company generated $2.88 in revenue for every dollar of assets. It slightly decreased to 2.70 by December 2020, indicating a decrease in efficiency in generating revenue from its assets.
However, from March 2021 to June 2022, there was a steady increase in total asset turnover, reaching a high of 3.22 in September 2022. This suggests that Insperity Inc improved its efficiency in asset utilization during this period, generating more revenue per dollar of asset investment.
Subsequently, there was some fluctuation in the ratio from December 2022 to December 2024, ranging between 2.53 and 3.37. Overall, the trend indicates that Insperity Inc has been effectively utilizing its assets to generate revenue, with some fluctuations in efficiency over the period analyzed.
Peer comparison
Dec 31, 2024