TX Rail Products annual asset turnover
2015
2016
2017
2018
2019
TX Rail Products Asset Turnover Growth & History (TXRP)
TX Rail Products's asset turnover was 1.84 for fiscal 2019.
View full TX Rail Products company overviewTX Rail Products annual asset turnover history
| Fiscal year | Period ended | Asset turnover | Change | Growth |
|---|---|---|---|---|
| 2019 | 2019-09-30 | 1.84 | 0.09 | +5.35% |
| 2018 | 2018-09-30 | 1.75 | 0.48 | +38.32% |
| 2017 | 2017-09-30 | 1.26 | 0.53 | +73.33% |
| 2016 | 2016-09-30 | 0.73 | −0.18 | −19.90% |
| 2015 | 2015-09-30 | 0.91 | — | — |
TX Rail Products quarterly asset turnover
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
| Fiscal quarter | Period ended | Asset turnover | Change | YoY change |
|---|---|---|---|---|
| Q4 2019 | 2019-09-30 | 1.84 | 0.09 | +5.35% |
| Q3 2019 | 2019-06-30 | 1.75 | 0.11 | +6.89% |
| Q2 2019 | 2019-03-31 | 1.63 | 0.15 | +10.39% |
| Q1 2019 | 2018-12-31 | 1.64 | 0.27 | +19.23% |
| Q4 2018 | 2018-09-30 | 1.75 | 0.48 | +38.32% |
| Q3 2018 | 2018-06-30 | 1.63 | 0.69 | +72.90% |
| Q2 2018 | 2018-03-31 | 1.48 | 0.75 | +101.72% |
| Q1 2018 | 2017-12-31 | 1.38 | 0.77 | +125.60% |
| Q4 2017 | 2017-09-30 | 1.26 | 0.53 | +73.33% |
| Q3 2017 | 2017-06-30 | 0.95 | — | — |
| Q2 2017 | 2017-03-31 | 0.73 | — | — |
| Q1 2017 | 2016-12-31 | 0.61 | — | — |
| Q4 2016 | 2016-09-30 | 0.73 | — | — |
TX Rail Products asset turnover trends
Between the periods ended 2015-09-30 and 2019-09-30, TX Rail Products's asset turnover increased from 0.91 to 1.84, a change of 0.93. The latest reported quarter, Q4 2019, shows 1.84.
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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