Grom Social Enterprises Inc Asset Turnover Ratio (GROM), as of first quarter 2024, current and historic results, rankings and more - CSIMarket
CSIMarket Company Name, Ticker, Customers, else..
 


• Sales per Employee
• Income per Employee
• Inventory Turnover
• Asset Turnover
• Receivables Turnover
Grom Social Enterprises Inc   (NASDAQ: GROM)
 

Grom Social Enterprises Inc Asset Turnover Ratio

Quarterly Results, Trends, Rankings, Statistics

Due to the increase in investments during the first quarter 2024, Grom Social Enterprises Inc 's asset turnover ratio sequentially decreased to 0.18 in the first quarter (Mar 31 2024), this is lower than usual.

Within sector 37 more businesses have achieved higher asset turnover ratio. While ranking the asset turnover ratio, among all other companies, it is fair to say, that the company's position has deteriorated in the First Quarter 2024 compared to the preceding quarter from 2425 to 2803.

Asset Turnover Ratio Definition


Download as CSV
Commercial Data Licensing & OEM
Annual commercial subscriptions for corporate use, internal BI systems, management reporting, AI integration, and client-facing platforms
API & Data Feeds
Programmatic access to normalized fundamentals & ratios.

GROM Asset Turnover Ratio (Mar 31 2024)
I. Quarter		 (Dec 31 2023)
IV. Quarter		 (Sep 30 2023)
III. Quarter		 (Jun 30 2023)
II. Quarter		 (Mar 31 2023)
I. Quarter
Y / Y Asset Change -22.61 % -26.42 % -32.38 % -37.51 % -34.81 %
Y / Y Revenue Change -27.13 % -41.77 % -34.66 % -16.07 % -2.56 %
Asset Turnover Ratio (TTM) 0.18 0.19 0.2 0.2 0.18
GROM's Total Ranking # 2803 # 2425 # 2997 # 2907 # 2784
Seq. Asset Change 4.21 % -19 % 1.47 % -9.64 % -0.93 %
Seq. Revenue Change -4.42 % -5.73 % 1.44 % -20.27 % -23.63 %



Asset Turnover Ratio Company Ranking
Within: No.
Internet Services & Social Media Industry # 38
Technology Sector # 448
Overall Market # 2803

Asset Turnover Ratio Statistics
High Average Low
20.83 10.15 4.74
(Sep 30 2018)   (Mar 31 2024)




GROM Company Profile • Back to GROM Efficiency Comparisons • Compare GROM Asset Turnover Ratio to its Competitors



Companies with similar Asset Turnover Ratio for the quarter ending Mar 31 2024, within Technology Sector Asset Turnover Ratio Revenues for 12 Months ending Mar 31 2024 Assets at quarter ending Mar 31 2024
Skyworks Solutions Inc   0.54 $ 4,535.800  Millions$ 8,406.800  Millions
Microsoft Corporation  0.54 $ 236,584.000  Millions$ 438,503.000  Millions
Zscaler Inc   0.54 $ 2,028.153  Millions$ 3,762.742  Millions
Enphase Energy Inc   0.54 $ 1,826.880  Millions$ 3,408.954  Millions
Tenable Holdings Inc   0.53 $ 824.323  Millions$ 1,541.045  Millions
Palantir Technologies Inc   0.53 $ 2,333.803  Millions$ 4,375.796  Millions
Q2 Holdings Inc   0.53 $ 635.895  Millions$ 1,195.437  Millions
System1 Inc   0.53 $ 416.093  Millions$ 783.072  Millions
F5 Inc   0.53 $ 2,782.757  Millions$ 5,250.123  Millions
Crowdstrike Holdings Inc   0.53 $ 3,283.515  Millions$ 6,210.005  Millions
Digi International Inc   0.53 $ 438.027  Millions$ 832.388  Millions
Clearfield Inc   0.52 $ 181.057  Millions$ 346.910  Millions
Cisco Systems Inc   0.52 $ 55,364.000  Millions$ 106,371.000  Millions
Roblox Corporation  0.52 $ 3,098.136  Millions$ 5,959.039  Millions
Light and Wonder Inc   0.52 $ 2,988.000  Millions$ 5,747.250  Millions
Kustom Entertainment Inc   0.52 $ 25.589  Millions$ 49.263  Millions
Sterling Check Corp   0.52 $ 726.365  Millions$ 1,400.497  Millions
Cloudflare Inc   0.52 $ 1,385.129  Millions$ 2,671.129  Millions
Cardlytics Inc   0.52 $ 312.481  Millions$ 602.834  Millions
Texas Instruments Incorporated  0.52 $ 16,801.000  Millions$ 32,452.500  Millions
Magnachip Semiconductor Corporation  0.52 $ 222.113  Millions$ 431.172  Millions
Power Integrations Inc   0.51 $ 429.929  Millions$ 837.648  Millions
Arteris Inc   0.51 $ 52.914  Millions$ 103.288  Millions
Kulicke And Soffa Industries Inc   0.51 $ 736.500  Millions$ 1,451.596  Millions
Sensata Technologies Holding Plc  0.51 $ 4,062.634  Millions$ 8,019.468  Millions
Quarta rad Inc   0.50 $ 0.354  Millions$ 0.702  Millions
Workday Inc   0.50 $ 7,564.688  Millions$ 15,013.562  Millions
Sify Technologies Ltd  0.50 $ 427.399  Millions$ 851.373  Millions
TANCHENG GROUP CO., LTD.  0.50 $ 1.780  Millions$ 3.564  Millions
Model N Inc   0.50 $ 254.347  Millions$ 509.245  Millions



Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.

© 2026 CSIMarket.com — Proprietary financial dataset. All rights reserved. Redistribution or automated extraction prohibited.