Oshkosh Corporation (OSK)

Total asset turnover

		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	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019
Revenue (ttm)	US$ in thousands	10,500,700	10,283,200	9,871,600	9,599,300	9,351,500	8,915,100	8,564,200	8,249,100	8,098,100	8,239,400	8,063,100	7,692,100	7,423,700	6,795,700	6,693,900	6,813,900	7,225,400	8,036,800	8,251,000	8,369,800
Total assets	US$ in thousands	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	7,035,700	6,706,300	6,343,800	6,016,400	5,815,900	5,760,300	5,861,900	5,556,200	5,566,300
Total asset turnover		1.06	1.06	1.04	1.05	1.06	1.11	1.08	1.07	1.16	1.20	1.16	1.09	1.11	1.07	1.11	1.17	1.25	1.37	1.49	1.50

September 30, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $10,500,700K ÷ $9,875,900K
= 1.06

The total asset turnover ratio for Oshkosh Corporation has fluctuated over the past 20 quarters, ranging from 1.04 to 1.50. The total asset turnover measures how efficiently the company generates revenue from its assets. A higher ratio indicates that the company is using its assets more efficiently to generate sales.

In the most recent quarter of September 30, 2024, the total asset turnover ratio was 1.06, which suggests that the company generated $1.06 in revenue for every dollar of assets it held during that period. This indicates a stable performance in asset utilization.

Looking at the trend over the past quarters, the total asset turnover ratio has shown some variability, with peaks at 1.50 in December 2019 and troughs at 1.04 in March 2024. This fluctuation may be influenced by changes in the company's sales volume, asset base, or operational efficiency.

Overall, Oshkosh Corporation's total asset turnover ratio has demonstrated a generally efficient use of assets to generate sales revenue, although fluctuations in the ratio indicate varying levels of asset utilization efficiency over the periods analyzed.