Prestige Brand Holdings Inc (PBH)

Total asset turnover

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 Jun 30, 2020
Revenue (ttm) US$ in thousands 1,137,762 1,117,998 1,110,422 1,113,190 1,125,357 1,134,235 1,127,018 1,129,975 1,127,725 1,108,792 1,107,738 1,094,690 1,086,812 1,057,637 1,021,955 983,152 943,365 956,839 959,603 960,250
Total assets US$ in thousands 3,402,220 3,329,500 3,316,880 3,307,520 3,356,900 3,339,750 3,332,870 3,345,580 3,353,730 3,749,770 3,678,510 3,682,230 3,670,680 3,659,410 3,675,820 3,559,110 3,429,270 3,468,770 3,434,310 3,450,150
Total asset turnover 0.33 0.34 0.33 0.34 0.34 0.34 0.34 0.34 0.34 0.30 0.30 0.30 0.30 0.29 0.28 0.28 0.28 0.28 0.28 0.28

March 31, 2025 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,137,762K ÷ $3,402,220K
= 0.33

Total asset turnover is a key financial ratio that measures a company's efficiency in generating sales revenue from its total assets. Prestige Brand Holdings Inc's total asset turnover has been relatively stable around the range of 0.28 to 0.30 from June 2020 to March 2023. This indicates that the company was able to generate $0.28 to $0.30 of sales for every dollar of total assets during this period.

However, there was a slight increase in total asset turnover to 0.34 by March 2024, which may suggest improved operational efficiency in utilizing its assets to generate sales. This higher total asset turnover ratio indicates that the company was more effective in generating revenue from its assets during this period.

Subsequently, there was a slight decrease to 0.33 by March 2025. Overall, Prestige Brand Holdings Inc's total asset turnover ratio shows a stable trend with some fluctuations, indicating varying levels of asset utilization efficiency over the evaluated period.