Prestige Brand Holdings Inc (PBH)

Total asset turnover

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021
Revenue US$ in thousands 1,137,760 1,125,360 1,127,720 1,086,810 943,365
Total assets US$ in thousands 3,402,220 3,318,420 3,353,730 3,670,680 3,429,270
Total asset turnover 0.33 0.34 0.34 0.30 0.28

March 31, 2025 calculation

Total asset turnover = Revenue ÷ Total assets
= $1,137,760K ÷ $3,402,220K
= 0.33

The total asset turnover for Prestige Brand Holdings Inc has shown a steady increase over the years, improving from 0.28 in March 31, 2021, to 0.33 in March 31, 2025. This indicates that the company is generating more revenue relative to its total assets, which is a positive sign of efficiency in utilizing its assets to generate sales. However, it is important to note that there was a slight dip in the total asset turnover in March 31, 2022, compared to the previous year. Overall, the upward trend in total asset turnover suggests that Prestige Brand Holdings Inc is effectively managing its assets to generate revenue.