PHINIA Inc. (PHIN)

Total asset turnover

Dec 31, 2024 Dec 31, 2023
Revenue US$ in thousands 3,415,000 3,500,000
Total assets US$ in thousands 3,768,000 4,041,000
Total asset turnover 0.91 0.87

December 31, 2024 calculation

Total asset turnover = Revenue ÷ Total assets
= $3,415,000K ÷ $3,768,000K
= 0.91