Take-Two Interactive Software Inc (TTWO)
Total asset turnover
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 5,633,600 | 5,450,500 | 5,457,000 | 5,403,100 | 5,349,600 | 5,396,400 | 5,437,900 | 5,532,200 | 5,349,900 | 4,833,704 | 4,329,156 | 3,793,854 | 3,504,800 | 3,414,227 | 3,371,864 | 3,354,808 | 3,372,772 | 3,293,882 | 3,363,122 | 3,379,821 |
| Total assets | US$ in thousands | 9,180,700 | 12,679,900 | 13,075,300 | 12,944,600 | 12,216,900 | 14,895,700 | 15,207,400 | 15,525,300 | 15,862,100 | 16,881,400 | 17,492,900 | 17,744,900 | 6,546,220 | 6,357,950 | 6,619,030 | 6,314,260 | 6,028,220 | 5,966,100 | 5,836,150 | 5,369,240 |
| Total asset turnover | 0.61 | 0.43 | 0.42 | 0.42 | 0.44 | 0.36 | 0.36 | 0.36 | 0.34 | 0.29 | 0.25 | 0.21 | 0.54 | 0.54 | 0.51 | 0.53 | 0.56 | 0.55 | 0.58 | 0.63 |
March 31, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $5,633,600K ÷ $9,180,700K
= 0.61
Take-Two Interactive Software Inc's total asset turnover has shown fluctuations over the time period provided. The total asset turnover ratio indicates how efficiently the company is utilizing its assets to generate revenue. A higher total asset turnover ratio generally implies better asset utilization.
From June 30, 2020, to June 30, 2022, the total asset turnover ratio decreased from 0.63 to 0.21, indicating a decline in asset turnover efficiency during this period. This decrease may suggest that the company's sales levels were not keeping pace with its total assets.
However, starting from September 30, 2022, there was an improvement in the total asset turnover ratio, which increased to 0.25 and continued to rise steadily until March 31, 2025, reaching 0.61. This improvement indicates that Take-Two Interactive Software Inc became more efficient in utilizing its assets to generate revenue during this period.
Overall, the trend in the total asset turnover ratio for Take-Two Interactive Software Inc shows initial decline followed by a sustained improvement in asset utilization efficiency, which can be a positive indicator of the company's operational performance and management of its assets.
Peer comparison
Mar 31, 2025