AT&T Inc (T)
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 | 122,336,000 | 122,060,000 | 122,197,000 | 122,317,000 | 122,428,000 | 121,749,000 | 121,442,000 | 121,168,000 | 120,741,000 | 120,493,000 | 121,776,000 | 127,873,000 | 134,038,000 | 119,924,000 | 130,938,000 | 136,148,000 | 143,050,000 | 172,890,000 | 175,138,000 | 179,145,000 |
Total assets | US$ in thousands | 394,795,000 | 393,719,000 | 398,026,000 | 399,428,000 | 407,060,000 | 406,698,000 | 408,453,000 | 400,873,000 | 402,853,000 | 426,463,000 | 426,433,000 | 577,195,000 | 551,622,000 | 547,107,000 | 544,710,000 | 546,985,000 | 525,761,000 | 538,553,000 | 547,898,000 | 545,354,000 |
Total asset turnover | 0.31 | 0.31 | 0.31 | 0.31 | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0.28 | 0.29 | 0.22 | 0.24 | 0.22 | 0.24 | 0.25 | 0.27 | 0.32 | 0.32 | 0.33 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $122,336,000K ÷ $394,795,000K
= 0.31
The total asset turnover for AT&T Inc has shown a declining trend over the past few years, starting at 0.33 in March 2020 and decreasing to 0.31 by December 2024. This indicates that the company is generating less revenue per dollar of assets over time.
While there was some fluctuation in the total asset turnover ratio during this period, it generally trended downwards. This suggests that AT&T Inc may be experiencing challenges in utilizing its assets efficiently to generate sales revenue.
A lower total asset turnover ratio could be a sign of inefficiency in managing assets or difficulties in generating sales relative to the size of the asset base. It is essential for the company to closely monitor and address the factors contributing to this trend to improve overall operational efficiency and profitability.
Peer comparison
Dec 31, 2024