Schrodinger Inc (SDGR)

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	207,539	193,348	200,627	188,482	216,666	199,383	193,794	197,074	180,955	170,282	163,152	154,467	137,931	124,793	120,740	114,048	108,095	100,895	95,058	90,976
Total assets	US$ in thousands	823,226	669,296	688,371	737,762	802,955	794,148	841,566	838,773	688,587	661,985	687,880	719,537	756,487	762,617	717,334	744,189	746,263	680,116	349,551	349,872
Total asset turnover		0.25	0.29	0.29	0.26	0.27	0.25	0.23	0.23	0.26	0.26	0.24	0.21	0.18	0.16	0.17	0.15	0.14	0.15	0.27	0.26

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $207,539K ÷ $823,226K
= 0.25

The total asset turnover ratio of Schrodinger Inc has shown fluctuation over the period from March 31, 2020, to December 31, 2024. The ratio started at 0.26 in March 2020, increased gradually to peak at 0.29 in June 2024, and then slightly dropped to 0.25 by December 2024.

Overall, Schrodinger Inc has effectively managed its assets to generate sales over the years, as evidenced by the generally stable performance of the total asset turnover ratio. The company's ability to efficiently utilize its assets to generate revenue is crucial for assessing its operational efficiency and productivity. The fluctuation in the ratio may be influenced by changes in company operations, market conditions, or strategic decisions made by management.

It is important for stakeholders to continue monitoring the total asset turnover ratio to assess how effectively Schrodinger Inc is utilizing its assets to generate revenue and to evaluate its operational performance over time.