Universal Corporation (UVV)
Total asset turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,947,280 | 2,748,570 | 2,569,820 | 2,103,600 | 1,983,360 |
| Total assets | US$ in thousands | 2,989,550 | 2,937,240 | 2,639,180 | 2,586,340 | 2,341,920 |
| Total asset turnover | 0.99 | 0.94 | 0.97 | 0.81 | 0.85 |
March 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $2,947,280K ÷ $2,989,550K
= 0.99
Universal Corporation's total asset turnover has shown fluctuations over the years. In March 31, 2021, the total asset turnover was 0.85, which decreased slightly to 0.81 by March 31, 2022. However, there was a significant improvement in the efficiency of asset utilization in the following years, with the ratio increasing to 0.97 by March 31, 2023, and further to 0.94 by March 31, 2024. The most recent data for March 31, 2025, shows a total asset turnover of 0.99, indicating that the company is generating almost a dollar in revenue for each dollar of assets it possesses. Overall, the trend suggests that Universal Corporation has been more effective in generating revenue from its assets in recent years, achieving a higher turnover rate.
Peer comparison
Mar 31, 2025