Twilio Inc (TWLO)

Total asset turnover

		Jun 30, 2025	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
Revenue (ttm)	US$ in thousands	4,729,370	4,583,450	4,458,040	4,339,150	4,239,170	4,194,430	4,153,940	4,102,560	4,051,920	3,957,514	3,826,317	3,644,491	3,401,637	3,127,214	2,841,839	2,547,185	2,254,978	1,986,896	1,761,776	1,544,910
Total assets	US$ in thousands	9,848,290	9,814,720	9,865,470	10,037,300	10,507,700	11,289,300	11,609,700	11,857,700	11,904,500	12,298,900	12,564,300	12,612,700	12,869,200	12,890,800	12,998,600	12,976,800	12,533,600	12,242,200	9,487,430	6,723,700
Total asset turnover		0.48	0.47	0.45	0.43	0.40	0.37	0.36	0.35	0.34	0.32	0.30	0.29	0.26	0.24	0.22	0.20	0.18	0.16	0.19	0.23

June 30, 2025 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $4,729,370K ÷ $9,848,290K
= 0.48

The total asset turnover ratio for Twilio Inc. demonstrates a consistent upward trend over the analyzed period, indicating improving efficiency in utilizing its assets to generate revenue. Starting at 0.23 as of September 30, 2020, the ratio experienced a gradual decline through the end of 2021, reaching a low of approximately 0.16 on March 31, 2021, before beginning a steady recovery. By the end of 2022, it had increased to approximately 0.30, reflecting better asset utilization. The trend toward higher ratios continued into 2023 and 2024, with the ratio reaching around 0.45 as of December 31, 2024, and progressing further to approximately 0.48 by June 30, 2025.

This progression indicates that Twilio has been progressively enhancing its operational efficiency, generating more revenue from its assets over time. The rising ratios suggest effective management of assets, possibly through strategic asset deployment, improved operational processes, or revenue growth relative to assets. The sustained increase in the ratio points to a positive outlook regarding asset efficiency and overall operational performance, with the company consistently converting its assets into revenue at an improving rate over the analyzed period.