ZoomInfo Technologies Inc (ZI)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,213,600 | 1,190,000 | 1,050,400 | 695,600 | 392,000 |
| Total assets | US$ in thousands | 6,467,600 | 6,868,300 | 7,136,400 | 6,852,900 | 2,327,400 |
| Total asset turnover | 0.19 | 0.17 | 0.15 | 0.10 | 0.17 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $1,213,600K ÷ $6,467,600K
= 0.19
ZoomInfo Technologies Inc's total asset turnover ratio has shown fluctuations over the five-year period from December 31, 2020 to December 31, 2024. The ratio decreased from 0.17 in 2020 to 0.10 in 2021, indicating a decline in the efficiency of generating sales from its total assets. However, it improved in the following years, reaching 0.15 in 2022, 0.17 in 2023, and 0.19 in 2024. These increases suggest that the company has been more effective in utilizing its assets to generate revenue in the latter years compared to 2021. Overall, the trend in the total asset turnover ratio of ZoomInfo Technologies Inc indicates a mix of challenges and improvements in asset utilization efficiency over the five-year period.
Peer comparison
Dec 31, 2024