Sarepta Therapeutics Inc (SRPT)
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 | 1,901,979 | 1,640,348 | 1,504,993 | 1,403,300 | 1,243,336 | 1,104,982 | 1,003,434 | 975,683 | 933,013 | 876,047 | 835,184 | 765,786 | 701,887 | 645,564 | 600,082 | 573,356 | 540,099 | 495,074 | 450,191 | 407,496 |
Total assets | US$ in thousands | 3,963,170 | 3,599,930 | 3,424,260 | 3,224,380 | 3,264,580 | 3,109,710 | 3,125,890 | 3,059,790 | 3,128,370 | 3,156,150 | 2,996,850 | 3,056,150 | 3,147,970 | 2,662,220 | 2,759,070 | 2,765,230 | 2,984,720 | 2,780,660 | 2,883,040 | 2,947,390 |
Total asset turnover | 0.48 | 0.46 | 0.44 | 0.44 | 0.38 | 0.36 | 0.32 | 0.32 | 0.30 | 0.28 | 0.28 | 0.25 | 0.22 | 0.24 | 0.22 | 0.21 | 0.18 | 0.18 | 0.16 | 0.14 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,901,979K ÷ $3,963,170K
= 0.48
Total asset turnover is a financial ratio that measures a company's ability to generate revenue from its assets. A higher total asset turnover indicates that the company is more efficient in using its assets to generate sales.
For Sarepta Therapeutics Inc, the total asset turnover has been steadily increasing over the past few years, from 0.14 in March 2020 to 0.48 in December 2024. This indicates that the company has been improving its efficiency in utilizing its assets to generate revenue.
The trend suggests that Sarepta Therapeutics Inc has been able to generate more sales for each dollar of assets it owns over time. This improvement may be attributed to effective management of its assets, increased sales, or a combination of both.
Overall, the increasing trend in total asset turnover signifies that Sarepta Therapeutics Inc has been improving its operational efficiency and productivity in utilizing its assets to drive revenue growth.
Peer comparison
Dec 31, 2024