Warner Bros Discovery Inc (WBD)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 39,321,000 | 41,321,000 | 33,817,000 | 12,191,000 | 10,671,000 |
| Total assets | US$ in thousands | 104,560,000 | 122,757,000 | 134,001,000 | 34,427,000 | 34,087,000 |
| Total asset turnover | 0.38 | 0.34 | 0.25 | 0.35 | 0.31 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $39,321,000K ÷ $104,560,000K
= 0.38
Warner Bros Discovery Inc's total asset turnover has shown some fluctuation over the years. The ratio measures the efficiency of the company in generating revenue from its total assets. In December 31, 2020, the total asset turnover was 0.31, indicating that the company generated $0.31 in revenue for every $1 of assets.
By December 31, 2021, the total asset turnover improved to 0.35, suggesting increased efficiency in asset utilization. However, in December 31, 2022, the ratio decreased to 0.25, possibly indicating challenges in effectively utilizing assets to generate revenue.
In the following years, the total asset turnover experienced some recovery, reaching 0.34 by December 31, 2023, and further improving to 0.38 by December 31, 2024. These improvements indicate that Warner Bros Discovery Inc has been able to generate more revenue relative to its total assets, reflecting better efficiency in asset utilization and revenue generation. However, it's important to monitor the trend over time to identify any consistent patterns or changes in the company's asset management efficiency.
Peer comparison
Dec 31, 2024