RBC Bearings Incorporated (RBC)
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 | 1,636,300 | 1,612,280 | 1,591,780 | 1,579,480 | 1,560,280 | 1,541,022 | 1,518,747 | 1,502,347 | 1,469,327 | 1,433,784 | 1,349,112 | 1,140,812 | 942,937 | 744,353 | 623,261 | 608,696 | 608,984 | 634,532 | 665,690 | 701,264 |
| Total assets | US$ in thousands | 4,685,200 | 4,665,700 | 4,712,800 | 4,696,500 | 4,678,600 | 4,694,200 | 4,691,700 | 4,697,400 | 4,690,400 | 4,692,880 | 4,727,060 | 4,758,020 | 4,845,420 | 4,875,050 | 2,567,800 | 2,567,800 | 1,434,260 | 1,408,980 | 1,367,880 | 1,349,210 |
| Total asset turnover | 0.35 | 0.35 | 0.34 | 0.34 | 0.33 | 0.33 | 0.32 | 0.32 | 0.31 | 0.31 | 0.29 | 0.24 | 0.19 | 0.15 | 0.24 | 0.24 | 0.42 | 0.45 | 0.49 | 0.52 |
March 31, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,636,300K ÷ $4,685,200K
= 0.35
The total asset turnover ratio measures how efficiently a company is using its assets to generate revenue. In the case of RBC Bearings Incorporated, we observe a declining trend in total asset turnover over the past few years, starting at 0.52 on June 30, 2020, and gradually decreasing to 0.35 as of March 31, 2025.
A decreasing total asset turnover ratio can indicate potential issues with asset management or declining sales volume relative to the size of assets. This trend may suggest that RBC Bearings Incorporated is becoming less efficient in generating sales from its total assets over time.
It would be important to further investigate the factors contributing to this decline in total asset turnover to understand if it reflects operational inefficiencies, changes in business strategy, or external market conditions affecting the company's ability to utilize its assets effectively.
Peer comparison
Mar 31, 2025