Skyline Corporation (SKY)
Total asset turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | — | 2,024,820 | 2,606,560 | 2,207,230 | 1,420,880 |
| Total assets | US$ in thousands | — | 1,923,340 | 1,562,720 | 1,234,620 | 917,902 |
| Total asset turnover | — | 1.05 | 1.67 | 1.79 | 1.55 |
March 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $—K ÷ $—K
= —
The total asset turnover of Skyline Corporation has fluctuated over the past five years. In March 2021, the total asset turnover was 1.55, indicating that the company generated $1.55 in revenue for every $1 in total assets. This ratio improved to 1.79 by March 2022, suggesting better efficiency in utilizing assets to generate revenue. However, there was a slight decrease in total asset turnover to 1.67 by March 2023.
The most significant change occurred in March 2024, with a notable decrease in total asset turnover to 1.05. This sharp decline may indicate challenges in efficiently utilizing assets to generate revenue during that period. Unfortunately, the data is missing for March 31, 2025, making it difficult to assess the company's recent performance.
Overall, while total asset turnover has shown fluctuations, it is important for Skyline Corporation to analyze the reasons behind these changes to improve efficiency in utilizing assets and generating revenue in the future.
Peer comparison
Mar 31, 2025