Teradata Corp (TDC)

Total asset turnover

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Revenue (ttm)	US$ in thousands	1,986,000	1,979,000	1,948,000	1,914,000	1,952,000	1,970,000	2,013,000	2,075,000	2,058,000	2,064,000	2,049,000	1,992,000	1,915,000	1,890,000	1,889,000	1,886,000	1,899,000	1,993,000	1,530,000	1,597,000
Total assets	US$ in thousands	1,873,000	1,740,000	1,869,000	1,986,000	2,022,000	1,818,000	1,895,000	1,895,000	2,169,000	2,134,000	2,245,000	2,203,000	2,193,000	2,117,000	2,102,000	2,151,000	2,057,000	1,979,000	2,123,000	2,286,000
Total asset turnover		1.06	1.14	1.04	0.96	0.97	1.08	1.06	1.09	0.95	0.97	0.91	0.90	0.87	0.89	0.90	0.88	0.92	1.01	0.72	0.70

December 31, 2023 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,986,000K ÷ $1,873,000K
= 1.06

Teradata Corp's total asset turnover ratio has shown some fluctuation over the past eight quarters. The ratio ranged from 0.89 to 1.05 during this period. In Q3 2023 and Q4 2022, the company achieved the highest total asset turnover ratios of 1.05 and 1.00 respectively. However, in Q1 2023, the ratio decreased to 0.89, indicating a decrease in the efficiency of the company in generating sales from its assets. Overall, the average total asset turnover ratio for Teradata Corp over this period was approximately 0.98. This suggests that, on average, the company generates $0.98 in revenue for every $1 in total assets it holds. High total asset turnover ratios indicate efficient utilization of assets to generate revenue, while lower ratios may signal underperformance or inefficiency in asset management. Further analysis of the company's operations and industry benchmarks may provide more insight into the factors influencing these fluctuations in total asset turnover.