OSI Systems Inc (OSIS)
Total asset turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,713,170 | 1,538,760 | 1,278,430 | 1,183,240 | 1,146,900 |
| Total assets | US$ in thousands | 2,241,260 | 1,936,010 | 1,555,690 | 1,443,150 | 1,384,370 |
| Total asset turnover | 0.76 | 0.79 | 0.82 | 0.82 | 0.83 |
June 30, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $1,713,170K ÷ $2,241,260K
= 0.76
The analysis of OSI Systems Inc.'s total asset turnover ratio over the specified periods indicates a generally stable yet slightly declining trend. As of June 30, 2021, the ratio stood at 0.83, reflecting a relatively efficient use of assets to generate revenue. This ratio exhibited minimal fluctuation through June 30, 2022, and June 30, 2023, maintaining at 0.82, suggesting consistent asset utilization during these years. However, a modest decline is observed in the subsequent periods, with the ratio decreasing to 0.79 by June 30, 2024, and further diminishing to 0.76 by June 30, 2025.
This decline implies that OSI Systems Inc. is generating slightly less revenue per dollar of assets over the analyzed timeframe, which may be attributable to changes in operational efficiency, asset base composition, or revenue generation strategies. Nonetheless, the ratios remain within a relatively narrow band, indicating a stable asset utilization pattern with a gradual downward trend over the assessed years.
Peer comparison
Jun 30, 2025