USANA Health Sciences Inc (USNA)
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 | 856,402 | 864,228 | 877,532 | 902,933 | 923,927 | 930,694 | 950,819 | 977,178 | 1,001,860 | 1,041,382 | 1,082,496 | 1,155,009 | 1,190,168 | 1,235,586 | 1,258,823 | 1,180,028 | 1,137,751 | 1,095,421 | 1,057,506 | 1,054,531 |
| Total assets | US$ in thousands | 748,193 | 671,308 | 631,419 | 629,275 | 632,757 | 601,148 | 602,680 | 605,533 | 596,549 | 556,063 | 557,959 | 572,919 | 577,740 | 578,946 | 591,449 | 584,512 | 640,887 | 577,532 | 512,151 | 473,750 |
| Total asset turnover | 1.14 | 1.29 | 1.39 | 1.43 | 1.46 | 1.55 | 1.58 | 1.61 | 1.68 | 1.87 | 1.94 | 2.02 | 2.06 | 2.13 | 2.13 | 2.02 | 1.78 | 1.90 | 2.06 | 2.23 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $856,402K ÷ $748,193K
= 1.14
Total asset turnover is a financial ratio that measures how efficiently a company is utilizing its assets to generate revenue. In the case of USANA Health Sciences Inc, we observe fluctuations in the total asset turnover ratio over the period provided in the data.
The trend of USANA Health Sciences Inc's total asset turnover shows a gradual decline over the years, from a high of 2.23 in March 2020 to a low of 1.14 in December 2024. A higher total asset turnover ratio indicates that the company is generating more sales revenue for each dollar of assets it owns, which is generally favorable. Conversely, a decreasing total asset turnover ratio may signal inefficiencies in asset utilization or a decline in sales relative to the size of the asset base.
As the total asset turnover ratio of USANA Health Sciences Inc has decreased over time, it suggests that the company may be experiencing challenges in efficiently utilizing its assets to generate revenue. Further analysis of the company's operations, sales strategy, and asset management practices may be warranted to understand the factors driving this trend and to identify potential areas of improvement.