Sabre Corpo (SABR)

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	3,029,565	3,001,894	2,977,641	2,947,929	2,907,738	2,851,864	2,774,797	2,694,800	2,537,015	2,406,473	2,184,165	1,946,301	1,688,875	1,501,952	1,339,231	1,002,607	1,334,100	1,961,808	2,667,642	3,584,608
Total assets	US$ in thousands	4,634,930	4,693,160	4,666,380	4,737,810	4,672,190	4,741,700	4,924,560	5,026,010	4,962,880	5,019,620	5,176,740	5,314,480	5,291,330	5,442,910	5,608,450	5,827,840	6,077,720	6,415,500	6,129,210	5,709,860
Total asset turnover		0.65	0.64	0.64	0.62	0.62	0.60	0.56	0.54	0.51	0.48	0.42	0.37	0.32	0.28	0.24	0.17	0.22	0.31	0.44	0.63

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $3,029,565K ÷ $4,634,930K
= 0.65

Total asset turnover is a financial ratio that measures a company's efficiency in generating sales revenue from its total assets. It indicates how well the company is utilizing its assets to generate revenue.

Analyzing the total asset turnover of Sabre Corpo over the given period, we observe a decreasing trend from March 31, 2020 to December 31, 2020. The ratio declined from 0.63 to 0.22 during this period, indicating a significant decrease in efficiency in utilizing total assets to generate sales.

However, starting from March 31, 2021, there was a gradual improvement in the total asset turnover ratio, reaching a peak of 0.65 by December 31, 2024. This upward trend suggests that Sabre Corpo enhanced its efficiency in utilizing its total assets to generate sales revenue over the latter part of the period.

Overall, the trend in total asset turnover suggests that Sabre Corpo initially struggled with asset efficiency but managed to improve its operational performance and asset utilization over time. It is essential for the company to continue focusing on optimizing its asset management to sustain or further improve its total asset turnover ratio in the future.