Sabre Corpo (SABR)

Total asset turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	US$ in thousands	3,029,560	2,907,740	2,537,020	1,688,880	1,334,100
Total assets	US$ in thousands	4,634,930	4,672,190	4,962,880	5,291,330	6,077,720
Total asset turnover		0.65	0.62	0.51	0.32	0.22

December 31, 2024 calculation

Total asset turnover = Revenue ÷ Total assets
= $3,029,560K ÷ $4,634,930K
= 0.65

Based on the provided data, Sabre Corpo's total asset turnover has been steadily increasing over the years. The total asset turnover ratio, which measures how efficiently a company is using its assets to generate revenue, was 0.22 as of December 31, 2020, indicating that for every dollar of assets, Sabre Corpo generated $0.22 in revenue.

Subsequently, the total asset turnover ratio improved to 0.32 by the end of 2021, suggesting that the company was able to generate $0.32 in revenue for each dollar of assets. This indicates an improvement in the company's efficiency in utilizing its assets to generate sales.

By December 31, 2022, the total asset turnover ratio further increased to 0.51, showcasing a significant improvement in the company's ability to generate revenue from its assets. This could indicate better management of assets or increased sales efficiency.

In 2023 and 2024, Sabre Corpo's total asset turnover ratio continued to rise to 0.62 and 0.65, respectively. This trend indicates that the company has been increasingly efficient in utilizing its assets to generate revenue, reflecting positively on its operational performance and potentially leading to improved financial health and profitability.