ePlus inc (PLUS)
Total asset turnover
| 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 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 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 | 1,588,404 |
| Total assets | US$ in thousands | 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 | 909,113 |
| Total asset turnover | 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 | 1.75 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,753,955K ÷ $1,765,780K
= 0.99
The total asset turnover of ePlus inc has shown fluctuations over the past few years. It averaged around 1.45 from March 2020 to March 2023, indicating that the company generated $1.45 in revenue for every dollar of assets it held during this period. However, there was a decline in total asset turnover from March 2023 to December 2024, dropping to below 1. This downward trend suggests that the company may be experiencing challenges in efficiently utilizing its assets to generate revenue. Further analysis and investigation into the reasons behind this decline are warranted to assess the company's operational efficiency and financial performance.
Peer comparison
Dec 31, 2024