Super Micro Computer Inc (SMCI)

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	20,819,880	18,806,840	14,989,250	11,819,520	9,252,750	7,391,030	7,123,490	6,574,090	6,646,280	6,015,500	5,196,100	4,629,620	4,170,011	3,827,897	3,557,417	3,384,563	3,261,090	3,301,727	3,339,281	3,297,389
Total assets	US$ in thousands	9,728,350	10,851,400	9,826,090	8,862,780	5,405,000	4,095,960	3,674,730	3,192,600	3,074,940	3,301,280	3,205,080	3,071,180	2,676,600	2,426,690	2,241,960	1,998,840	1,894,070	1,816,690	1,918,650	1,960,240
Total asset turnover		2.14	1.73	1.53	1.33	1.71	1.80	1.94	2.06	2.16	1.82	1.62	1.51	1.56	1.58	1.59	1.69	1.72	1.82	1.74	1.68

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $20,819,880K ÷ $9,728,350K
= 2.14

Super Micro Computer Inc's total asset turnover has been fluctuating over the past few years, starting at 1.68 in March 2020 and reaching a peak of 2.16 by December 2022. This indicates that the company generated $1.68 in revenue for every dollar of assets in March 2020, and this ratio improved to $2.16 in December 2022, suggesting more efficient utilization of assets to generate sales.

However, there was a slight decline in total asset turnover to 1.33 in March 2024, which may indicate a decrease in sales generated relative to the company's total assets. It is noteworthy that the ratio increased again to 2.14 by December 2024, showcasing a potential improvement in asset utilization and revenue generation efficiency.

Overall, Super Micro Computer Inc's total asset turnover has exhibited variability but generally demonstrates an ability to efficiently utilize its assets to generate revenue. Further monitoring and analysis of this ratio over time can provide insights into the company's operational efficiency and financial performance.