Zebra Technologies Corporation (ZBRA)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 4,986,000 | 4,582,000 | 5,778,000 | 5,619,000 | 4,359,000 |
| Total assets | US$ in thousands | 7,968,000 | 7,306,000 | 7,529,000 | 6,215,000 | 5,375,000 |
| Total asset turnover | 0.63 | 0.63 | 0.77 | 0.90 | 0.81 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $4,986,000K ÷ $7,968,000K
= 0.63
Zebra Technologies Corporation's total asset turnover has shown fluctuation over the years, from 0.81 in December 31, 2020, to a peak of 0.90 in December 31, 2021. However, in the subsequent years, there has been a decline in the total asset turnover ratio, dropping to 0.77 in December 31, 2022, and further down to 0.63 in both December 31, 2023, and December 31, 2024. This trend indicates that Zebra Technologies Corporation may be less efficient in generating sales in relation to its total assets in recent years, possibly signaling inefficiencies in asset utilization or changes in the company's operating environment. Management may need to evaluate and optimize its asset management strategies to improve the company's overall performance and profitability.
Peer comparison
Dec 31, 2024