Ziff Davis Inc (ZD)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,406,210 | 1,364,030 | 1,391,000 | 1,416,720 | 1,158,830 |
| Total assets | US$ in thousands | 3,704,330 | 3,471,020 | 3,533,270 | 3,770,280 | 3,665,330 |
| Total asset turnover | 0.38 | 0.39 | 0.39 | 0.38 | 0.32 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $1,406,210K ÷ $3,704,330K
= 0.38
The total asset turnover ratio for Ziff Davis Inc has shown a consistent upward trend from 0.32 in December 31, 2020, to 0.38 in December 31, 2021, maintaining the same level for December 31, 2024. This ratio further increased to 0.39 in both December 31, 2022, and December 31, 2023. This indicates that Ziff Davis Inc is generating more revenue relative to its total assets over the years, reflecting improved efficiency in asset utilization. The company is effectively leveraging its assets to generate sales revenue, which is a positive sign of operational effectiveness and business efficiency. Overall, the increasing trend in total asset turnover suggests that Ziff Davis Inc is managing its assets efficiently to drive revenue growth.