ScanSource Inc (SCSC)
Total asset turnover
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 3,040,810 | 2,974,037 | 3,021,789 | 3,159,084 | 3,259,809 | 3,460,844 | 3,593,764 | 3,720,212 | 3,787,720 | 3,802,855 | 3,763,326 | 3,616,437 | 3,529,935 | 3,420,346 | 3,304,229 | 3,250,775 | 3,150,806 | 2,934,562 | 3,077,172 | 3,255,778 |
| Total assets | US$ in thousands | 1,785,610 | 1,725,210 | 1,702,530 | 1,786,510 | 1,797,980 | 1,782,990 | 1,780,800 | 1,898,540 | 2,068,170 | 1,980,380 | 2,130,530 | 2,000,310 | 1,937,430 | 1,840,800 | 1,770,870 | 1,697,350 | 1,671,680 | 1,582,620 | 1,597,120 | 1,733,340 |
| Total asset turnover | 1.70 | 1.72 | 1.77 | 1.77 | 1.81 | 1.94 | 2.02 | 1.96 | 1.83 | 1.92 | 1.77 | 1.81 | 1.82 | 1.86 | 1.87 | 1.92 | 1.88 | 1.85 | 1.93 | 1.88 |
June 30, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $3,040,810K ÷ $1,785,610K
= 1.70
The total asset turnover ratio of ScanSource Inc., over the period from September 2020 to June 2025, exhibits a pattern characterized by relative stability with some fluctuations. Initially, the ratio stands at approximately 1.88 in September 2020, increasing slightly to 1.93 by December 2020. During the first quarter of 2021, it slightly declines to 1.85 and then returns to 1.88 in the second quarter, maintaining a relatively steady level.
Throughout 2021, the ratio remains predominantly consistent, ranging narrowly between 1.87 and 1.92, indicating that the company continued to generate approximately $1.87 to $1.92 in sales for every dollar of assets employed. In 2022, a gradual decline is observed, with the ratio decreasing to around 1.81 in September 2022 and further decreasing to 1.77 by the end of the year, suggesting a marginal reduction in sales efficiency relative to total assets.
In 2023, the ratio shows a modest recovery, reaching a high of 1.92 in March before declining again to approximately 1.83 in June and increasing notably to 1.96 in September. The ratio then continues an upward trend, achieving 2.02 at the end of December 2023, indicating enhanced efficiency in asset utilization.
The subsequent quarters from early 2024 to mid-2025 depict a general downward trend, with the ratio hovering around or below 1.75, specifically dropping to 1.72 in March 2025 and further to 1.70 by June 2025. These declines may reflect shifts in operational efficiency, asset utilization, or sales composition over the period.
Overall, the total asset turnover ratio demonstrates periods of stability interspersed with modest fluctuations. The trend indicates that while ScanSource Inc. generally maintains a consistent level of asset utilization for generating sales, there are periods of improvement, notably at the end of 2023, as well as periods of decline, notably in mid-2024 through mid-2025.
Peer comparison
Jun 30, 2025