NaaS Technology annual asset turnover
2018
2019
2020
2022
2023
2024
NaaS Technology Asset Turnover Growth & History (NAAS)
NaaS Technology's asset turnover was 0.19 for fiscal 2024.
View full NaaS Technology company overviewNaaS Technology annual asset turnover history
| Fiscal year | Period ended | Asset turnover | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | 0.19 | −0.06 | −24.21% |
| 2023 | 2023-12-31 | 0.25 | 0.08 | +50.88% |
| 2022 | 2022-12-31 | 0.16 | — | — |
| 2020 | 2020-12-31 | 0.38 | −0.22 | −36.60% |
| 2019 | 2019-12-31 | 0.60 | 0.01 | +2.29% |
| 2018 | 2018-12-31 | 0.59 | — | — |
NaaS Technology asset turnover trends
Over the last five fiscal years, NaaS Technology's asset turnover decreased from 0.60 to 0.19, a change of −0.41.
About the metric
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.
Calculation and source
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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