Xerox Corp (XRX)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 6,457,000 | 6,579,000 | 6,656,000 | 6,783,000 | 7,029,000 | 7,162,000 | 7,264,000 | 7,275,000 | 7,228,000 | 7,131,000 | 7,170,000 | 7,234,000 | 7,299,000 | 7,375,000 | 7,384,000 | 7,080,000 | 7,189,000 | 7,720,000 | 8,175,000 |
| Total assets | US$ in thousands | 8,365,000 | 8,322,000 | 9,491,000 | 9,944,000 | 10,008,000 | 10,444,000 | 10,569,000 | 11,046,000 | 11,543,000 | 11,420,000 | 12,270,000 | 13,082,000 | 13,223,000 | 14,081,000 | 14,110,000 | 14,272,000 | 14,741,000 | 15,352,000 | 14,125,000 |
| Total asset turnover | 0.77 | 0.79 | 0.70 | 0.68 | 0.70 | 0.69 | 0.69 | 0.66 | 0.63 | 0.62 | 0.58 | 0.55 | 0.55 | 0.52 | 0.52 | 0.50 | 0.49 | 0.50 | 0.58 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $6,457,000K ÷ $8,365,000K
= 0.77
Total asset turnover measures how efficiently a company is using its assets to generate revenue. A higher total asset turnover ratio indicates that the company is generating more revenue per dollar of assets.
Analyzing the total asset turnover of Xerox Corp over the past few years, we can see that the ratio has been fluctuating. From June 30, 2020, to December 31, 2024, the ratio has ranged from 0.49 to 0.79.
In the most recent period, as of December 31, 2024, Xerox Corp's total asset turnover ratio stood at 0.77, indicating that the company generated $0.77 in revenue for every dollar of assets.
Overall, the trend in total asset turnover for Xerox Corp shows some volatility but has generally been increasing over the period, suggesting improved efficiency in asset utilization. It is important for investors and stakeholders to continue monitoring this ratio to assess the company's operational efficiency and financial performance.
Peer comparison
Dec 31, 2024