OSI Systems Inc (OSIS)

Total asset turnover

		Jun 30, 2025	Mar 31, 2025	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
Revenue (ttm)	US$ in thousands	1,713,166	1,689,088	1,650,140	1,603,555	1,538,758	1,469,721	1,367,204	1,289,566	1,278,427	1,203,378	1,190,966	1,172,050	1,183,236	1,178,613	1,171,923	1,171,251	1,146,902	1,091,671	1,100,767	1,130,100
Total assets	US$ in thousands	2,241,260	2,081,000	2,130,910	2,113,510	1,936,010	1,831,080	1,726,480	1,588,450	1,555,690	1,483,300	1,466,230	1,467,770	1,443,150	1,459,090	1,443,110	1,410,640	1,384,370	1,325,960	1,300,800	1,270,950
Total asset turnover		0.76	0.81	0.77	0.76	0.79	0.80	0.79	0.81	0.82	0.81	0.81	0.80	0.82	0.81	0.81	0.83	0.83	0.82	0.85	0.89

June 30, 2025 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,713,166K ÷ $2,241,260K
= 0.76

The total asset turnover ratio of OSI Systems Inc. demonstrates a pattern of relative stability with slight fluctuations over the analyzed period from September 2020 to June 2025. Initially, the ratio was approximately 0.89 in September 2020, indicating that the company generated $0.89 in revenue for each dollar of assets during that quarter. Throughout the subsequent quarters, the ratio experienced minor decreases, reaching around 0.79 in December 2024.

The overall trend suggests a modest decline in asset utilization efficiency over the period, with the ratio decreasing from its peak in late 2020 to lower levels by the end of 2024. Notably, in the first half of 2025, the ratio shows slight increases, reaching up to approximately 0.81 in March 2025 before slightly declining again to 0.76 in June 2025.

This pattern indicates that OSI Systems Inc.'s ability to generate revenue relative to its assets has remained relatively consistent, with some fluctuations that could be attributable to operational adjustments, investment activities, or changes in sales efficiency. The relatively narrow range of the ratio (approximately 0.76 to 0.89) over multiple years suggests a steady core business performance with no dramatic shifts in asset utilization efficiency.