Nextracker Inc. Class A Common Stock (NXT)
Total asset turnover
| Mar 31, 2024 | Mar 31, 2023 | ||
|---|---|---|---|
| Revenue | US$ in thousands | 2,499,840 | 1,902,140 |
| Total assets | US$ in thousands | 2,518,780 | 1,419,680 |
| Total asset turnover | 0.99 | 1.34 |
March 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $2,499,840K ÷ $2,518,780K
= 0.99
Peer comparison
Mar 31, 2024
Company name
Symbol
Total asset turnover
Nextracker Inc. Class A Common Stock
NXT
0.99
Garmin Ltd
GRMN
0.61
L3Harris Technologies Inc
LHX
0.45
Northrop Grumman Corporation
NOC
0.84
Teledyne Technologies Incorporated
TDY
0.38