T-Mobile US Inc (TMUS)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 80,208,000 | 77,477,000 | 78,416,000 | 75,841,000 | 64,173,000 |
| Total assets | US$ in thousands | 208,035,000 | 207,682,000 | 211,338,000 | 206,563,000 | 200,162,000 |
| Total asset turnover | 0.39 | 0.37 | 0.37 | 0.37 | 0.32 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $80,208,000K ÷ $208,035,000K
= 0.39
The trend in T-Mobile US Inc's total asset turnover indicates an improvement over the years, rising from 0.32 in December 31, 2020 to 0.39 in December 31, 2024. This suggests that the company is generating more revenue relative to its total assets invested, which is a positive sign of efficiency in asset utilization. The consistent increase in total asset turnover demonstrates the company's ability to generate sales and derive value from its assets efficiently. It indicates that T-Mobile US Inc is effectively managing its assets to drive revenue growth and enhance operational performance.