Oshkosh Corporation (OSK)

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	10,730,200	10,598,900	10,367,400	9,933,600	9,657,900	9,394,700	8,951,500	8,604,400	8,282,000	7,870,100	7,866,400	8,009,200	7,952,500	7,737,300	7,458,500	6,830,500	6,738,200	6,856,800	7,268,300	8,080,200
Total assets	US$ in thousands	9,423,100	9,875,900	9,721,500	9,471,000	9,129,200	8,855,100	8,044,300	7,916,400	7,729,000	6,964,400	6,859,900	6,974,500	6,721,800	6,891,600	6,706,300	6,343,800	6,016,400	5,815,900	5,760,300	5,861,900
Total asset turnover		1.14	1.07	1.07	1.05	1.06	1.06	1.11	1.09	1.07	1.13	1.15	1.15	1.18	1.12	1.11	1.08	1.12	1.18	1.26	1.38

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $10,730,200K ÷ $9,423,100K
= 1.14

The total asset turnover ratio measures how efficiently a company utilizes its assets to generate sales. For Oshkosh Corporation, the total asset turnover has shown a gradual decline from 1.38 on March 31, 2020, to 1.07 on December 31, 2024. This indicates that, over the period analyzed, the company's ability to generate sales from its total assets has decreased.

A higher total asset turnover ratio generally indicates better asset utilization efficiency. Oshkosh Corporation's decreasing trend in total asset turnover may suggest challenges in effectively utilizing its assets to generate revenue. It is essential for the company to address this decline and explore ways to optimize its asset management practices to improve overall operational efficiency and profitability. Further analysis of the company's operational and financial strategies may be necessary to identify the root causes behind the decreasing total asset turnover trend and implement corrective measures.