Financial Gravity Companies Asset Turnover Growth & History (FGCO)
Financial Gravity Companies's asset turnover was 1.36 for fiscal 2022.
View full Financial Gravity Companies company overviewFinancial Gravity Companies annual asset turnover history
| Fiscal year | Period ended | Asset turnover | Change | Growth |
|---|---|---|---|---|
| 2022 | 2022-09-30 | 1.36 | 0.42 | +44.87% |
| 2021 | 2021-09-30 | 0.94 | 0.30 | +47.85% |
| 2020 | 2020-09-30 | 0.64 | −1.67 | −72.48% |
| 2019 | 2019-09-30 | 2.31 | 0.44 | +23.44% |
| 2018 | 2018-09-30 | 1.87 | 0.29 | +18.67% |
| 2017 | 2017-09-30 | 1.58 | 0.10 | +6.63% |
| 2016 | 2016-09-30 | 1.48 | −0.13 | −8.09% |
| 2015 | 2015-09-30 | 1.61 | 1.61 | — |
| 2014 | 2014-09-30 | 0.00 | — | — |
| 2012 | 2012-09-30 | 0.00 | 0.00 | — |
| 2011 | 2011-09-30 | 0.00 | — | — |
Financial Gravity Companies quarterly asset turnover
| Fiscal quarter | Period ended | Asset turnover | Change | YoY change |
|---|---|---|---|---|
| Q3 2022 | 2022-06-30 | 1.91 | 0.89 | +86.44% |
| Q2 2022 | 2022-03-31 | 0.92 | −0.04 | −3.94% |
| Q1 2022 | 2021-12-31 | 0.93 | 0.13 | +16.77% |
| Q4 2021 | 2021-09-30 | 0.94 | 0.30 | +47.85% |
| Q3 2021 | 2021-06-30 | 1.02 | 0.48 | +87.26% |
| Q2 2021 | 2021-03-31 | 0.96 | −0.83 | −46.42% |
| Q1 2021 | 2020-12-31 | 0.80 | −1.16 | −59.35% |
| Q4 2020 | 2020-09-30 | 0.64 | −1.67 | −72.48% |
| Q3 2020 | 2020-06-30 | 0.55 | −1.59 | −74.40% |
| Q2 2020 | 2020-03-31 | 1.79 | −0.34 | −15.86% |
| Q1 2020 | 2019-12-31 | 1.96 | 0.16 | +9.08% |
| Q4 2019 | 2019-09-30 | 2.31 | 0.44 | +23.44% |
| Q3 2019 | 2019-06-30 | 2.14 | 0.17 | +8.58% |
| Q2 2019 | 2019-03-31 | 2.13 | 0.50 | +30.95% |
| Q1 2019 | 2018-12-31 | 1.79 | 0.32 | +21.68% |
| Q4 2018 | 2018-09-30 | 1.87 | 0.29 | +18.67% |
| Q3 2018 | 2018-06-30 | 1.97 | −1.19 | −37.76% |
| Q2 2018 | 2018-03-31 | 1.62 | −0.97 | −37.29% |
| Q1 2018 | 2017-12-31 | 1.47 | −0.98 | −39.96% |
| Q4 2017 | 2017-09-30 | 1.58 | 0.10 | +6.63% |
| Q3 2017 | 2017-06-30 | 3.16 | — | — |
| Q2 2017 | 2017-03-31 | 2.59 | — | — |
| Q1 2017 | 2016-12-31 | 2.46 | — | — |
| Q4 2016 | 2016-09-30 | 1.48 | — | — |
| Q1 2013 | 2012-12-31 | 0.00 | — | — |
| Q4 2012 | 2012-09-30 | 0.00 | — | — |
| Q3 2012 | 2012-06-30 | −1.88 | — | — |
| Q2 2012 | 2012-03-31 | 0.00 | — | — |
Financial Gravity Companies asset turnover trends
Over the last five fiscal years, Financial Gravity Companies's asset turnover decreased from 1.58 to 1.36, a change of −0.22. The latest reported quarter, Q3 2022, shows 1.91.
What asset turnover means
Asset turnover measures how much revenue a company generates for each unit of assets employed in the business. A higher ratio generally indicates more efficient asset use, although useful comparisons depend heavily on the industry.
How asset turnover is calculated
TickerStat calculates annual asset turnover as reported revenue divided by average total assets. Quarterly values use trailing-12-month revenue and average assets over the corresponding one-year period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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