Wavestone Asset Turnover Growth & History (WAVE)
Wavestone's asset turnover was 0.97 for fiscal 2026.
View full Wavestone company overviewWavestone annual asset turnover history
| Fiscal year | Period ended | Asset turnover | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | 0.97 | 0.00 | +0.15% |
| 2025 | 2025-03-31 | 0.96 | 0.04 | +4.14% |
| 2024 | 2024-03-31 | 0.93 | −0.11 | −10.34% |
| 2023 | 2023-03-31 | 1.03 | 0.03 | +3.31% |
| 2022 | 2022-03-31 | 1.00 | — | — |
Wavestone asset turnover trends
Between the periods ended 2022-03-31 and 2026-03-31, Wavestone's asset turnover decreased from 1.00 to 0.97, a change of −0.03.
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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Wavestone acquires Sand Cherry to expand its US consulting business
Wavestone ($WAVE-EURONEXT) acquired Sand Cherry, a Denver-based consulting firm with approximately 130 employees. The purchase expands its North American team to around 370 people and deepens customer relationships in telecommunications, br ...