Sabre Corpo (SABR)

Total asset turnover

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Revenue (ttm)	US$ in thousands	2,351,283	2,326,888	2,413,193	2,359,903	2,237,311	2,133,894	1,910,245	1,674,993	1,418,057	1,212,408	1,050,164	719,231	1,077,383	1,787,801	2,531,876	3,507,423	3,935,248	3,917,754	3,943,581	3,927,947
Total assets	US$ in thousands	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	5,689,960	5,720,730	5,770,070	5,859,560
Total asset turnover		0.50	0.49	0.49	0.47	0.45	0.43	0.37	0.32	0.27	0.22	0.19	0.12	0.18	0.28	0.41	0.61	0.69	0.68	0.68	0.67

December 31, 2023 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,351,283K ÷ $4,672,190K
= 0.50

Sabre Corp's total asset turnover has shown an increasing trend over the past eight quarters, from 0.37 in Q1 2022 to 0.62 in Q4 2023. This indicates that the company has been more efficient in generating sales revenue relative to its total assets during this period. A higher total asset turnover ratio reflects that Sabre Corp is utilizing its assets more effectively to generate revenue. This improvement in asset utilization could be attributed to various factors such as improved operational efficiency, better inventory management, or increased sales volume.

Overall, the increasing trend in total asset turnover suggests positive operational performance and efficiency in utilizing the company's total assets to drive revenue generation. It is essential for Sabre Corp to maintain or further improve this ratio over time to continue enhancing its financial performance and profitability.