ePlus inc (PLUS)
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 | 1,700,308 | 1,753,955 | 1,752,045 | 2,191,665 | 2,222,602 | 2,163,018 | 2,277,439 | 2,183,534 | 2,067,718 | 2,027,060 | 1,898,418 | 1,862,729 | 1,821,019 | 1,722,107 | 1,654,877 | 1,629,941 | 1,568,323 | 1,582,192 | 1,583,579 | 1,562,063 |
| Total assets | US$ in thousands | 1,884,800 | 1,765,780 | 1,700,050 | 1,650,970 | 1,668,530 | 1,595,600 | 1,618,790 | 1,680,810 | 1,414,830 | 1,597,860 | 1,371,340 | 1,256,150 | 1,166,200 | 1,255,150 | 1,139,940 | 1,077,420 | 1,076,780 | 1,125,950 | 1,038,710 | 1,058,860 |
| Total asset turnover | 0.90 | 0.99 | 1.03 | 1.33 | 1.33 | 1.36 | 1.41 | 1.30 | 1.46 | 1.27 | 1.38 | 1.48 | 1.56 | 1.37 | 1.45 | 1.51 | 1.46 | 1.41 | 1.52 | 1.48 |
March 31, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,700,308K ÷ $1,884,800K
= 0.90
Total asset turnover is a financial ratio that indicates how efficiently a company is utilizing its assets to generate revenue. ePlus inc's total asset turnover has fluctuated over the periods presented, ranging from 0.64 to 1.56.
The trend shows that ePlus inc's total asset turnover peaked at 1.56 on March 31, 2022, indicating that the company generated $1.56 in revenue for every dollar of assets it had during that period. This suggests efficient asset utilization.
However, the ratio has since declined and fluctuated, dropping to 0.99 as of December 31, 2024, and further decreasing to 0.64 as of March 31, 2025. A decreasing total asset turnover may indicate that the company's asset base is not contributing as effectively to revenue generation.
It is important for ePlus inc to monitor its total asset turnover regularly and take necessary steps to improve asset utilization efficiency to ensure sustainable growth and profitability.
Peer comparison
Mar 31, 2025