Toughbuilt Industries Inc Asset Turnover Ratio (TBLT), as of fourth quarter 2023, current and historic results, rankings and more - CSIMarket
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• Sales per Employee
• Income per Employee
• Inventory Turnover
• Asset Turnover
• Receivables Turnover
Toughbuilt Industries Inc   (NASDAQ: TBLT)
 

Toughbuilt Industries Inc Asset Turnover Ratio

Quarterly Results, Trends, Rankings, Statistics

Due to the increase in investments during the fourth quarter 2023, Toughbuilt Industries Inc 's asset turnover ratio sequentially decreased to 0.97 in the fourth quarter (Dec 31 2023), this is lower than usual.

Within sector 9 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 fourth quarter 2023 compared to the preceding quarter from 677 to 1729.

Asset Turnover Ratio Definition


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TBLT Asset Turnover Ratio (Dec 31 2023)
IV. Quarter		 (Sep 30 2023)
III. Quarter		 (Jun 30 2023)
II. Quarter		 (Mar 31 2023)
I. Quarter		 (Dec 31 2022)
IV. Quarter
Y / Y Asset Change 46.53 % -31.49 % -19.31 % -9.26 % 0.83 %
Y / Y Revenue Change -44.65 % -34.16 % 5.33 % 17.37 % 21.18 %
Asset Turnover Ratio (TTM) 0.97 1.29 1.31 1.23 1.17
TBLT's Total Ranking # 1729 # 677 # 1696 # 1717 # 675
Seq. Asset Change 90.15 % -4.31 % -8.39 % -12.11 % -11.09 %
Seq. Revenue Change -16.89 % 5.69 % -6.79 % -32.4 % -1.14 %



Asset Turnover Ratio Company Ranking
Within: No.
Miscellaneous Manufacturing Industry # 10
Capital Goods Sector # 84
Overall Market # 1729

Asset Turnover Ratio Statistics
High Average Low
7.71 5.28 3.41
(Sep 30 2023)   (Jun 30 2019)




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



Companies with similar Asset Turnover Ratio for the quarter ending Dec 31 2023, within Capital Goods Sector Asset Turnover Ratio Revenues for 12 Months ending Dec 31 2023 Assets at quarter ending Dec 31 2023
Flux Power Holdings Inc   1.78 $ 63.557  Millions$ 35.706  Millions
Nextpower Inc   1.75 $ 3,152.093  Millions$ 1,801.309  Millions
Lennox International Inc  1.74 $ 4,981.900  Millions$ 2,860.025  Millions
Comfort Systems Usa inc   1.71 $ 5,206.760  Millions$ 3,050.197  Millions
Trans lux Corporation  1.70 $ 15.552  Millions$ 9.169  Millions
Dycom Industries Inc   1.69 $ 4,175.574  Millions$ 2,472.092  Millions
Daktronics Inc   1.66 $ 811.310  Millions$ 488.794  Millions
Applied Industrial Technologies Inc   1.65 $ 4,462.281  Millions$ 2,711.453  Millions
Shyft Group Inc   1.65 $ 871.358  Millions$ 529.592  Millions
Englobal Corporation  1.64 $ 39.036  Millions$ 23.813  Millions
Mastercraft Boat Holdings Inc   1.58 $ 536.117  Millions$ 339.566  Millions
Dream Finders Homes Inc   1.57 $ 3,748.586  Millions$ 2,385.878  Millions
United Homes Group Inc   1.55 $ 420.726  Millions$ 271.531  Millions
Primoris Services Corporation  1.54 $ 5,714.491  Millions$ 3,718.835  Millions
Nvr Inc   1.50 $ 9,518.202  Millions$ 6,329.175  Millions
Oil dri Corporation Of America  1.50 $ 427.952  Millions$ 285.363  Millions
Terex Corporation  1.50 $ 5,151.500  Millions$ 3,443.250  Millions
Siteone Landscape Supply Inc   1.49 $ 4,301.200  Millions$ 2,880.875  Millions
Installed Building Products Inc   1.48 $ 2,777.700  Millions$ 1,879.441  Millions
Fluence Energy Inc   1.46 $ 2,270.881  Millions$ 1,554.156  Millions
Granite Construction Inc  1.43 $ 3,508.399  Millions$ 2,461.957  Millions
Thor Industries Inc   1.41 $ 10,324.973  Millions$ 7,303.273  Millions
Quanta Services Inc   1.39 $ 20,881.708  Millions$ 15,051.415  Millions
Cavco Industries Inc   1.39 $ 1,851.054  Millions$ 1,334.447  Millions
Sturm Ruger and Company Inc   1.37 $ 543.767  Millions$ 396.291  Millions
Winnebago Industries Inc   1.37 $ 3,300.700  Millions$ 2,414.875  Millions
Construction Partners Inc   1.36 $ 1,617.486  Millions$ 1,190.998  Millions
Acorn Energy Inc   1.35 $ 8.059  Millions$ 5.957  Millions
Cpi Aerostructures Inc   1.34 $ 86.066  Millions$ 64.000  Millions
Symbotic Inc   1.34 $ 1,329.636  Millions$ 995.172  Millions



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