Twilio Inc (TWLO)

Total asset turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 4,458,040 4,153,940 3,826,320 2,841,840 1,761,780
Total assets US$ in thousands 9,865,470 11,609,700 12,564,300 12,998,600 9,487,430
Total asset turnover 0.45 0.36 0.30 0.22 0.19

December 31, 2024 calculation

Total asset turnover = Revenue ÷ Total assets
= $4,458,040K ÷ $9,865,470K
= 0.45

The total asset turnover ratio for Twilio Inc has demonstrated a consistent upward trend over the period from December 31, 2020, to December 31, 2024. Specifically, the ratio increased from 0.19 in 2020 to 0.22 in 2021, indicating a modest improvement in the efficiency with which the company's assets generated sales. This upward trajectory continued more robustly, reaching 0.30 by the end of 2022, suggesting an improved utilization of total assets to produce revenue. The trend persisted into 2023, with the ratio rising to 0.36, reflecting further operational efficiency gains or increased sales relative to asset base. By 2024, the total asset turnover reached 0.45, signifying a substantial enhancement in asset utilization efficiency compared to the initial period in 2020. Overall, the data indicates that Twilio Inc has progressively become more effective at generating sales from its asset base over this four-year span, which may be attributable to strategic operational improvements or growth in revenue streams relative to its asset base.