Ziff Davis Inc (ZD)
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 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,400,439 | 1,373,201 | 1,360,606 | 1,365,822 | 1,364,028 | 1,370,843 | 1,371,731 | 1,383,071 | 1,390,997 | 1,402,925 | 1,416,196 | 1,420,133 | 1,416,722 | 1,392,149 | 1,310,017 | 1,219,080 | 1,158,829 | 1,180,362 | 1,251,491 | 1,323,567 |
| Total assets | US$ in thousands | 3,704,330 | 3,419,440 | 3,663,810 | 3,727,030 | 3,471,020 | 3,383,230 | 3,469,290 | 3,527,070 | 3,533,270 | 3,433,070 | 3,543,100 | 3,663,170 | 3,770,280 | 3,830,660 | 3,703,370 | 3,703,660 | 3,665,330 | 3,342,990 | 3,419,440 | 3,368,890 |
| Total asset turnover | 0.38 | 0.40 | 0.37 | 0.37 | 0.39 | 0.41 | 0.40 | 0.39 | 0.39 | 0.41 | 0.40 | 0.39 | 0.38 | 0.36 | 0.35 | 0.33 | 0.32 | 0.35 | 0.37 | 0.39 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $1,400,439K ÷ $3,704,330K
= 0.38
The total asset turnover ratio for Ziff Davis Inc has fluctuated over the years according to the data provided. The ratio measures the efficiency with which the company generates sales revenue relative to its total assets. A higher ratio indicates that the company is more efficient in utilizing its assets to generate revenue.
From March 31, 2020, to June 30, 2022, the total asset turnover ratio remained relatively stable within the range of 0.35 to 0.41. This suggests that Ziff Davis Inc maintained a consistent level of efficiency in generating sales relative to its total assets during this period.
However, the ratio experienced some fluctuations from December 31, 2022, to December 31, 2024, ranging from 0.37 to 0.40. While these variations may indicate some shifts in the company's asset utilization, the overall trend seems to suggest that Ziff Davis Inc continued to effectively leverage its assets to generate sales revenue during this time frame.
Overall, the total asset turnover ratio for Ziff Davis Inc reflects the company's ability to efficiently utilize its assets to drive revenue generation, with some minor fluctuations observed over the years.