Telephone and Data Systems Inc (TDS)

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 4,964,000 5,036,000 5,090,000 5,119,000 5,160,000 5,205,000 5,319,000 5,401,000 5,413,000 5,428,000 5,364,000 5,326,000 5,329,000 5,333,000 5,329,000 5,281,000 5,224,000 5,184,000 5,181,000 5,179,000
Total assets US$ in thousands 13,683,000 13,726,000 13,872,000 13,866,000 13,922,000 14,414,000 14,406,000 14,539,000 14,550,000 14,479,000 14,242,000 14,124,000 13,493,000 13,446,000 12,780,000 13,407,000 12,525,000 11,895,000 11,161,000 10,895,000
Total asset turnover 0.36 0.37 0.37 0.37 0.37 0.36 0.37 0.37 0.37 0.37 0.38 0.38 0.39 0.40 0.42 0.39 0.42 0.44 0.46 0.48

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $4,964,000K ÷ $13,683,000K
= 0.36

The total asset turnover of Telephone and Data Systems Inc has exhibited a downward trend from 0.48 in March 2020 to 0.36 in December 2024. This indicates that the company's ability to generate sales from its total assets has gradually decreased over the years. A declining total asset turnover may suggest inefficiency in asset utilization or a slowdown in revenue generation relative to the size of the company's asset base. Further analysis of the company's operations and financial management practices may be needed to address the factors contributing to this decreasing trend and identify potential areas for improvement.