Teradata Corp (TDC)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,750,000 | 1,833,000 | 1,795,000 | 1,917,000 | 1,836,000 |
| Total assets | US$ in thousands | 1,704,000 | 1,873,000 | 2,022,000 | 2,169,000 | 2,193,000 |
| Total asset turnover | 1.03 | 0.98 | 0.89 | 0.88 | 0.84 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $1,750,000K ÷ $1,704,000K
= 1.03
Teradata Corp's total asset turnover has shown an increasing trend over the years, from 0.84 in December 31, 2020, to 1.03 in December 31, 2024. This indicates that the company is generating more revenue relative to its total assets, which is a positive sign of efficiency in asset utilization. The upward trend suggests that Teradata Corp has been able to generate more sales for each dollar of assets employed, reflecting improved operational efficiency and potentially better management of its asset base. The consistent improvement in total asset turnover over the years may indicate effective management decisions and operational effectiveness within the company.
Peer comparison
Dec 31, 2024