Standex International Corporation (SXI)
Total asset turnover
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 790,107 | 748,252 | 717,739 | 706,325 | 720,635 | 728,768 | 735,833 | 745,222 | 741,048 | 737,460 | 742,409 | 740,329 | 735,339 | 727,035 | 709,970 | 680,544 | 656,220 | 619,171 | 602,429 | 636,731 |
| Total assets | US$ in thousands | 1,566,880 | 1,554,560 | 1,482,940 | 1,037,880 | 1,005,060 | 993,506 | 1,005,060 | 981,433 | 1,024,930 | 1,015,090 | 956,685 | 921,259 | 934,439 | 973,568 | 970,570 | 960,642 | 962,223 | 946,338 | 958,657 | 941,902 |
| Total asset turnover | 0.50 | 0.48 | 0.48 | 0.68 | 0.72 | 0.73 | 0.73 | 0.76 | 0.72 | 0.73 | 0.78 | 0.80 | 0.79 | 0.75 | 0.73 | 0.71 | 0.68 | 0.65 | 0.63 | 0.68 |
June 30, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $790,107K ÷ $1,566,880K
= 0.50
The total asset turnover ratio of Standex International Corporation exhibits notable fluctuations over the analyzed period from September 2020 through June 2025. Initially, the ratio decreased from 0.68 in September 2020 to its lowest point of 0.63 at the end of December 2020, indicating a reduction in efficiency in generating sales from the company's assets during that quarter. Subsequently, from the first quarter of 2021 onward, the ratio generally trended upward, reaching a peak of approximately 0.80 in September 2022. This upward movement suggests an improvement in asset utilization and operational efficiency, enabling the company to generate higher sales relative to its asset base during that period.
Following this peak, the ratio experienced slight declines, returning to around 0.73–0.76 by March and September 2023, indicating some stabilization but not a significant deterioration in asset efficiency. However, a more pronounced decline is observed towards the end of 2024, where the ratio drops sharply to 0.48, its lowest level in the observed timeframe. This significant decrease may reflect a reduction in sales relative to assets, possibly due to operational challenges, asset write-downs, or strategic shifts away from asset-intensive activities.
In the most recent data for the first half of 2025, the ratio remains relatively low at around 0.48 to 0.50, mirroring the late-2024 levels. The consistent low ratios during this period point toward ongoing challenges in asset utilization or variations in sales performance. Throughout the analyzed period, the ratio's overall trend indicates periods of operational improvement followed by notable declines, highlighting fluctuations in the company’s efficiency in leveraging its assets to generate sales.
Peer comparison
Jun 30, 2025