Arcus Biosciences Inc (RCUS)
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 | 258,000 | 263,000 | 247,000 | 237,000 | 117,000 | 119,355 | 121,236 | 118,995 | 112,000 | 433,144 | 408,724 | 399,137 | 398,304 | 53,292 | 108,361 | 92,939 | 77,517 | 77,780 | 15,000 | 15,000 |
| Total assets | US$ in thousands | 1,150,000 | 1,252,000 | 1,186,000 | 1,293,000 | 1,095,000 | 1,191,000 | 1,220,000 | 1,254,000 | 1,345,000 | 1,393,820 | 1,476,770 | 1,543,430 | 1,592,000 | 839,290 | 898,773 | 935,119 | 772,292 | 811,075 | 481,389 | 176,144 |
| Total asset turnover | 0.22 | 0.21 | 0.21 | 0.18 | 0.11 | 0.10 | 0.10 | 0.09 | 0.08 | 0.31 | 0.28 | 0.26 | 0.25 | 0.06 | 0.12 | 0.10 | 0.10 | 0.10 | 0.03 | 0.09 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $258,000K ÷ $1,150,000K
= 0.22
The total asset turnover ratio for Arcus Biosciences Inc shows fluctuations over the analyzed period. The ratio increased from 0.09 in March 2020 to 0.28 in June 2022, indicating an improvement in how efficiently the company generates sales from its total assets. However, the ratio declined to 0.08 by December 2022 and then showed further fluctuations in subsequent quarters, ranging between 0.09 and 0.22.
Overall, the company's total asset turnover ratio demonstrates variability in its asset utilization efficiency. It is essential for stakeholders to monitor this ratio closely as it provides insights into the company's ability to generate revenue from its assets and manage its resources effectively.
Peer comparison
Dec 31, 2024