Verisk Analytics Inc (VRSK)

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	2,881,700	2,823,300	2,775,600	2,733,800	2,681,400	2,634,600	2,702,300	2,640,100	2,764,000	2,899,600	2,913,300	3,048,000	2,998,600	2,946,000	2,889,700	2,821,000	2,784,700	2,748,100	2,698,100	2,671,900
Total assets	US$ in thousands	1,362,100	4,563,200	4,767,900	4,498,600	4,366,100	4,363,900	4,315,700	4,190,000	6,961,100	6,974,600	7,508,900	8,159,000	7,808,100	7,662,500	7,713,600	7,810,500	7,561,800	7,219,600	7,007,900	6,928,100
Total asset turnover		2.12	0.62	0.58	0.61	0.61	0.60	0.63	0.63	0.40	0.42	0.39	0.37	0.38	0.38	0.37	0.36	0.37	0.38	0.39	0.39

December 31, 2024 calculation

Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,881,700K ÷ $1,362,100K
= 2.12

Verisk Analytics Inc's total asset turnover has shown fluctuation over the specified periods. From March 31, 2020, to June 30, 2022, the total asset turnover remained relatively stable, fluctuating between 0.36 and 0.42. However, there was a notable increase in total asset turnover starting from March 31, 2023, where it jumped to 0.63 and maintained that level through June 30, 2024.

The significant increase in total asset turnover from December 31, 2024, reaching as high as 2.12, suggests that the company's assets are being more efficiently utilized to generate sales revenue during that period. It might indicate that Verisk Analytics Inc has improved its operational efficiency, effectively utilizing its assets to generate higher revenue.

Overall, the trend in total asset turnover indicates that Verisk Analytics Inc has made improvements in asset utilization efficiency over the years, with a notable increase in recent periods. It is essential to continue monitoring this ratio to assess the company's ability to generate sales in relation to its total assets.