Phibro Animal Health Corporation (PAHC)

Total asset turnover

Jun 30, 2025 Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021
Revenue US$ in thousands 1,296,220 1,017,680 977,889 942,300 833,350
Total assets US$ in thousands 1,360,900 982,184 971,397 931,699 841,325
Total asset turnover 0.95 1.04 1.01 1.01 0.99

June 30, 2025 calculation

Total asset turnover = Revenue ÷ Total assets
= $1,296,220K ÷ $1,360,900K
= 0.95

The total asset turnover ratio for Phibro Animal Health Corporation demonstrates relatively stable performance over the analyzed period from June 30, 2021, to June 30, 2025. Specifically, the ratio was 0.99 in 2021, indicating that for each dollar of assets, the company generated approximately $0.99 in sales. This ratio experienced a slight increase to 1.01 during both 2022 and 2023, suggesting a marginal improvement in sales efficiency relative to total assets. Notably, the ratio further increased to 1.04 in 2024, reflecting a modest but positive enhancement in asset utilization to generate sales. However, in 2025, the ratio declined to 0.95, indicating a decrease in sales efficiency whereby the company was generating slightly less sales per dollar of assets compared to the previous years. Overall, the trend suggests a period of relative stability with minor fluctuations, with the latest year's decrease potentially signaling a temporary or structural shift in asset efficiency.