Robert Half International Inc (RHI)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,795,840 | 6,416,490 | 7,246,150 | 6,461,640 | 5,110,340 |
| Total assets | US$ in thousands | 2,854,400 | 3,010,790 | 2,964,490 | 2,952,360 | 2,557,420 |
| Total asset turnover | 2.03 | 2.13 | 2.44 | 2.19 | 2.00 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $5,795,840K ÷ $2,854,400K
= 2.03
Robert Half International Inc's total asset turnover ratio has shown a positive trend over the past five years, increasing from 2.00 in December 2020 to 2.03 in December 2024. The ratio indicates that for each dollar of total assets, the company is generating sales revenue more efficiently. Despite a slight decrease in 2023 (2.13), the ratio bounced back in 2024, demonstrating the company's ability to effectively utilize its assets to generate revenue. The overall upward trend suggests improved asset management and operational efficiency, reflecting positively on the company's performance.
Peer comparison
Dec 31, 2024