SJW Group Common Stock (SJW)

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	748,439	721,957	701,737	682,449	670,363	670,399	641,537	633,692	620,698	589,061	580,003	583,203	573,686	569,649	568,589	563,557	564,526	554,664	502,798	458,554
Total assets	US$ in thousands	4,658,310	4,552,300	4,439,430	4,367,510	4,426,290	3,843,430	3,712,160	3,652,500	3,632,620	3,604,700	3,541,050	3,511,880	3,485,970	3,469,740	3,409,520	3,332,140	3,319,130	3,259,710	3,209,980	3,174,300
Total asset turnover		0.16	0.16	0.16	0.16	0.15	0.17	0.17	0.17	0.17	0.16	0.16	0.17	0.16	0.16	0.17	0.17	0.17	0.17	0.16	0.14

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $748,439K ÷ $4,658,310K
= 0.16

SJW Group Common Stock's total asset turnover has shown relatively stable performance over the past few years. The ratio fluctuated between 0.14 and 0.17 during the period from March 31, 2020, to December 31, 2024.

The total asset turnover indicates how efficiently the company is utilizing its assets to generate revenue. A higher total asset turnover ratio suggests that the company is efficient in generating sales from its assets.

In this case, SJW Group Common Stock's total asset turnover ratio has generally remained in the range of 0.14 to 0.17, indicating a moderate level of asset utilization efficiency. The slight fluctuations in the ratio over time may reflect changes in the company's business operations and overall efficiency in managing its assets.

Overall, the stability of SJW Group Common Stock's total asset turnover ratio suggests that the company has been able to maintain a consistent level of asset utilization efficiency over the period under review.