ViaSat Inc (VSAT)
Total asset turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 3,756,260 | 5,200,065 | 4,847,760 | 3,764,300 | 3,050,177 | 1,374,196 | 1,445,805 | 2,085,266 | 2,735,121 | 2,640,110 | 2,493,483 | 2,342,710 | 2,207,130 | 2,197,468 | 2,208,737 | 2,246,965 | 2,245,419 | 2,218,315 | 2,179,165 | 2,099,849 |
| Total assets | US$ in thousands | 16,329,400 | 16,650,700 | 17,072,000 | 17,897,600 | 7,730,340 | 6,801,920 | 6,510,280 | 6,483,360 | 6,389,350 | 6,086,790 | 5,992,860 | 5,994,530 | 5,349,470 | 5,248,710 | 5,203,400 | 4,904,370 | 4,883,870 | 4,513,680 | 4,367,050 | 4,262,290 |
| Total asset turnover | 0.23 | 0.31 | 0.28 | 0.21 | 0.39 | 0.20 | 0.22 | 0.32 | 0.43 | 0.43 | 0.42 | 0.39 | 0.41 | 0.42 | 0.42 | 0.46 | 0.46 | 0.49 | 0.50 | 0.49 |
March 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $3,756,260K ÷ $16,329,400K
= 0.23
ViaSat Inc's total asset turnover has fluctuated over the past few quarters, ranging from a low of 0.20 to a high of 0.50. The total asset turnover ratio measures how efficiently a company is utilizing its assets to generate revenue. A higher ratio indicates that the company is generating more revenue per dollar of assets.
In the most recent quarter, the total asset turnover was 0.23, indicating that for every dollar of assets, ViaSat generated $0.23 in revenue. This suggests a decrease in asset efficiency compared to the previous quarter where the ratio was 0.31. Generally, a lower total asset turnover may indicate inefficiency in asset utilization or a decline in sales relative to the size of the asset base.
It is important for ViaSat to monitor and analyze this ratio to ensure optimal asset utilization and revenue generation. Further investigation into the company's operations and sales strategies may be necessary to address any potential issues impacting asset turnover.
Peer comparison
Mar 31, 2024