Viavi Solutions Inc (VIAV)
Total asset turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,084,300 | 1,000,400 | 1,106,100 | 1,292,400 | 1,198,900 |
| Total assets | US$ in thousands | 1,993,800 | 1,736,300 | 1,850,500 | 1,827,900 | 1,961,400 |
| Total asset turnover | 0.54 | 0.58 | 0.60 | 0.71 | 0.61 |
June 30, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $1,084,300K ÷ $1,993,800K
= 0.54
The total asset turnover ratio for Viavi Solutions Inc. demonstrates a fluctuating trend over the analyzed period from June 30, 2021, to June 30, 2025. At the close of fiscal year 2021, the ratio was 0.61, indicating that for every dollar of assets, the company generated approximately $0.61 in sales. In the subsequent year, 2022, the ratio increased to 0.71, suggesting an improvement in efficiency in utilizing assets to generate sales.
However, this upward momentum was not sustained, as the ratio declined to 0.60 in 2023 and further decreased to 0.58 in 2024. By the end of 2025, the total asset turnover fell to 0.54. This overall downward trend in the ratio suggests that, despite prior fluctuations, the company's efficiency in generating sales from its assets has diminished over the period. The decline may reflect increased asset base without a proportional increase in sales, or possible operational challenges affecting generating revenue relative to asset levels.
Peer comparison
Jun 30, 2025