John Wiley & Sons (WLY)
Total asset turnover
| Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,870,875 | 1,880,476 | 1,912,840 | 1,941,262 | 1,983,621 | 2,006,127 | 2,035,954 | 2,056,436 | 2,059,934 | 2,057,348 | 2,023,032 | 1,986,015 | 1,928,696 | 1,867,096 | 1,850,376 | 1,817,323 | 1,811,151 | 1,827,651 | 1,809,890 | 1,798,284 |
| Total assets | US$ in thousands | 2,725,500 | 2,707,290 | 2,779,040 | 2,925,960 | 3,108,810 | 3,150,260 | 3,128,370 | 3,229,310 | 3,361,700 | 3,377,980 | 3,346,030 | 3,362,800 | 3,446,440 | 3,426,360 | 3,020,400 | 3,068,950 | 3,168,790 | 3,324,580 | 3,082,770 | 3,120,070 |
| Total asset turnover | 0.69 | 0.69 | 0.69 | 0.66 | 0.64 | 0.64 | 0.65 | 0.64 | 0.61 | 0.61 | 0.60 | 0.59 | 0.56 | 0.54 | 0.61 | 0.59 | 0.57 | 0.55 | 0.59 | 0.58 |
April 30, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,870,875K ÷ $2,725,500K
= 0.69
John Wiley & Sons' total asset turnover has shown a consistent trend over the past several quarters, ranging between 0.54 to 0.69. This ratio indicates the company's ability to generate sales revenue in relation to the size of its total assets.
The total asset turnover has gradually increased from 0.54 in April 2020 to 0.69 in April 2024, reflecting an improvement in the company's efficiency in utilizing its assets to generate sales. This suggests that John Wiley & Sons has been more effective in generating revenue from its assets over time.
However, it is important to note that the total asset turnover ratio of John Wiley & Sons fluctuates slightly from quarter to quarter, with some quarters showing a slight decline. This could indicate variations in the company's operational efficiency and effectiveness in managing its assets to generate sales revenue.
Overall, a total asset turnover ratio of around 0.69 indicates that John Wiley & Sons is utilizing its assets effectively to generate sales revenue, but investors and analysts should continue to monitor this ratio to assess the company's operational performance in the future.
Peer comparison
Apr 30, 2024