Somnigroup International Inc. (SGI)
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 | 4,930,900 | 4,893,500 | 4,870,600 | 4,906,700 | 4,925,400 | 4,942,300 | 4,948,500 | 4,889,800 | 4,921,200 | 5,093,400 | 5,168,400 | 5,126,500 | 4,930,800 | 4,628,200 | 4,402,200 | 3,898,300 | 3,676,900 | 3,491,200 | 3,179,900 | 3,237,500 |
| Total assets | US$ in thousands | 5,980,400 | 4,568,000 | 4,578,000 | 4,585,800 | 4,553,900 | 4,546,100 | 4,570,800 | 4,537,100 | 4,359,800 | 4,351,700 | 4,404,400 | 4,321,900 | 4,323,400 | 4,467,300 | 3,277,600 | 3,542,100 | 3,308,600 | 3,455,400 | 3,201,900 | 3,306,200 |
| Total asset turnover | 0.82 | 1.07 | 1.06 | 1.07 | 1.08 | 1.09 | 1.08 | 1.08 | 1.13 | 1.17 | 1.17 | 1.19 | 1.14 | 1.04 | 1.34 | 1.10 | 1.11 | 1.01 | 0.99 | 0.98 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $4,930,900K ÷ $5,980,400K
= 0.82
Somnigroup International Inc.'s total asset turnover has shown fluctuations over the analyzed period from March 31, 2020, to December 31, 2024. The total asset turnover ratio measures the efficiency of the company in generating sales revenue from its investment in assets.
The trend in the total asset turnover ratio indicates how well the company is utilizing its assets to generate sales. From March 31, 2020, to June 30, 2021, the total asset turnover generally increased, reaching a peak of 1.34 on June 30, 2021, suggesting that the company was becoming more efficient in generating sales from its total assets during this period.
However, a decrease was observed in the total asset turnover from September 30, 2021, to December 31, 2024, with the ratio decreasing to 0.82 on December 31, 2024. This decline could indicate a decrease in the company's ability to generate sales relative to its investment in total assets during this period.
Overall, fluctuations in the total asset turnover ratio for Somnigroup International Inc. suggest varying levels of asset utilization efficiency over the analyzed period, which may require further investigation to understand the factors driving these changes in performance.
Peer comparison
Dec 31, 2024