Standex International Corporation (SXI)
Total asset turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 790,107 | 720,635 | 741,048 | 735,339 | 656,232 |
| Total assets | US$ in thousands | 1,566,880 | 1,005,060 | 1,024,930 | 934,439 | 962,223 |
| Total asset turnover | 0.50 | 0.72 | 0.72 | 0.79 | 0.68 |
June 30, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $790,107K ÷ $1,566,880K
= 0.50
The total asset turnover ratio for Standex International Corporation has exhibited variability over the specified period from June 30, 2021, to June 30, 2025. At the end of fiscal year 2021, the ratio stood at 0.68, indicating that the company generated approximately $0.68 in sales for each dollar of total assets employed. This ratio increased significantly in the subsequent year, reaching 0.79 by June 30, 2022, reflecting improved efficiency in utilizing assets to generate revenues.
However, this upward trend did not persist, as the ratio declined marginally to 0.72 by June 30, 2023, and remained steady at this level through June 30, 2024, suggesting a stabilization in asset utilization efficiency during these years. In the final year covered, June 30, 2025, the ratio declined further to 0.50, indicating a notable decrease in the company's asset productivity relative to its sales.
Overall, the fluctuation in the total asset turnover ratio indicates periods of improved operational efficiency followed by a decline, culminating in a substantially lower ratio in the most recent year. This downward trend in 2025 could imply a reduction in sales relative to total assets, potential changes in asset base composition, or shifts in business operations impacting revenue generation relative to asset levels.
Peer comparison
Jun 30, 2025