TRI Pointe Homes Inc (TPH)

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	4,470,482	4,498,692	4,181,780	3,864,189	3,704,448	3,967,548	4,211,590	4,391,951	4,348,534	4,035,744	3,997,134	3,997,504	3,982,226	3,833,046	3,632,320	3,384,366	3,260,450	3,340,890	3,256,821	3,185,429
Total assets	US$ in thousands	4,891,120	4,779,260	4,596,200	4,969,980	4,914,590	4,870,230	4,780,560	4,739,240	4,719,940	4,526,040	4,414,660	4,314,070	4,336,220	4,233,680	4,160,160	4,092,950	4,021,980	3,957,560	3,977,900	4,293,050
Total asset turnover		0.91	0.94	0.91	0.78	0.75	0.81	0.88	0.93	0.92	0.89	0.91	0.93	0.92	0.91	0.87	0.83	0.81	0.84	0.82	0.74

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $4,470,482K ÷ $4,891,120K
= 0.91

TRI Pointe Homes Inc's total asset turnover ratio has shown some fluctuations over the reported periods, ranging from a low of 0.74 on March 31, 2020, to a high of 0.94 on September 30, 2024. The total asset turnover ratio measures how efficiently the company is utilizing its assets to generate sales. A higher ratio indicates better asset utilization.

The ratio has generally been trending upwards from 2020 to 2024, with some minor fluctuations in between. There was a noticeable improvement in asset turnover from March 31, 2020, to September 30, 2024, suggesting that the company has been more effective in generating sales relative to its asset base over time.

It's important to note that the total asset turnover ratio alone may not provide a complete picture of the company's financial performance and should be analyzed in conjunction with other financial ratios and metrics to assess the overall operational efficiency and performance of TRI Pointe Homes Inc.