Teradata Corp (TDC)
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 | 1,750,000 | 1,798,000 | 1,796,000 | 1,822,000 | 1,833,000 | 1,828,000 | 1,807,000 | 1,775,000 | 1,795,000 | 1,818,000 | 1,861,000 | 1,922,000 | 1,917,000 | 1,933,000 | 1,927,000 | 1,893,000 | 1,836,000 | 1,839,000 | 1,844,000 | 1,865,000 |
| Total assets | US$ in thousands | 1,704,000 | 1,659,000 | 1,622,000 | 1,745,000 | 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 |
| Total asset turnover | 1.03 | 1.08 | 1.11 | 1.04 | 0.98 | 1.05 | 0.97 | 0.89 | 0.89 | 1.00 | 0.98 | 1.01 | 0.88 | 0.91 | 0.86 | 0.86 | 0.84 | 0.87 | 0.88 | 0.87 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,750,000K ÷ $1,704,000K
= 1.03
Teradata Corp's total asset turnover has shown fluctuations over the period under consideration. The ratio ranged from 0.84 to 1.11, with the trend generally showing an increasing pattern from March 31, 2024, where the ratio was 1.04, reaching a peak of 1.11 on June 30, 2024.
Total asset turnover represents the efficiency with which the company is utilizing its assets to generate revenue. A higher total asset turnover ratio indicates that the company is generating more sales for each dollar of assets it owns.
The improvement in total asset turnover from 2020 to 2024 suggests that Teradata Corp has enhanced its asset utilization efficiency over time, which could be a positive sign for investors and stakeholders. However, it is important to consider other financial metrics and qualitative factors when assessing the overall financial health and performance of the company.
Peer comparison
Dec 31, 2024