Calculation
| Total asset turnover | = | Net revenue1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|
| Mar 31, 2025 | 0.61 | = | 5,633,600) | ÷ | 9,180,700) |
| Mar 31, 2024 | 0.44 | = | 5,349,600) | ÷ | 12,216,900) |
| Mar 31, 2023 | 0.34 | = | 5,349,900) | ÷ | 15,862,100) |
| Mar 31, 2022 | 0.54 | = | 3,504,800) | ÷ | 6,546,219) |
| Mar 31, 2021 | 0.56 | = | 3,372,772) | ÷ | 6,028,218) |
| Mar 31, 2020 | 0.62 | = | 3,088,970) | ÷ | 4,948,832) |
| Mar 31, 2019 | 0.63 | = | 2,668,394) | ÷ | 4,243,065) |
| Mar 31, 2018 | 0.48 | = | 1,792,892) | ÷ | 3,737,841) |
| Mar 31, 2017 | 0.57 | = | 1,779,748) | ÷ | 3,149,154) |
| Mar 31, 2016 | 0.55 | = | 1,413,698) | ÷ | 2,590,277) |
| Mar 31, 2015 | 0.49 | = | 1,082,938) | ÷ | 2,231,100) |
| Mar 31, 2014 | 1.31 | = | 2,350,568) | ÷ | 1,799,630) |
| Mar 31, 2013 | 0.95 | = | 1,214,483) | ÷ | 1,277,839) |
| Mar 31, 2012 | 0.72 | = | 825,823) | ÷ | 1,149,427) |
| Mar 31, 2011 | 1.17 | = | 1,136,876) | ÷ | 971,659) |
| Mar 31, 2010 | 0.91 | = | 762,941) | ÷ | 839,276) |
| Oct 31, 2009 | 0.96 | = | 968,488) | ÷ | 1,008,571) |
| Oct 31, 2008 | 1.42 | = | 1,537,530) | ÷ | 1,083,352) |
| Oct 31, 2007 | 1.18 | = | 981,791) | ÷ | 831,143) |
| Oct 31, 2006 | 1.19 | = | 1,037,840) | ÷ | 868,806) |
| Oct 31, 2005 | 1.29 | = | 1,202,595) | ÷ | 932,876) |
Based on: 10-K (reporting date: 2025-03-31), 10-K (reporting date: 2024-03-31), 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31), 10-K (reporting date: 2017-03-31), 10-K (reporting date: 2016-03-31), 10-K (reporting date: 2015-03-31), 10-K (reporting date: 2014-03-31), 10-K (reporting date: 2013-03-31), 10-K (reporting date: 2012-03-31), 10-K (reporting date: 2011-03-31), 10-K (reporting date: 2010-03-31), 10-K (reporting date: 2009-10-31), 10-K (reporting date: 2008-10-31), 10-K (reporting date: 2007-10-31), 10-K (reporting date: 2006-10-31), 10-K (reporting date: 2005-10-31).
1 US$ in thousands
The total asset turnover ratio exhibits a long-term downward trajectory, shifting from a period of high asset efficiency in the mid-2000s to a more capital-intensive structure in the subsequent two decades. While net revenue has grown substantially over the analyzed period, the growth in total assets has outpaced revenue gains, leading to a general compression of the turnover ratio.
- Early Asset Efficiency (2005–2014)
- During the initial phase, the asset turnover ratio remained relatively strong, frequently exceeding 1.0. The ratio peaked at 1.42 in 2008, indicating that the company generated $1.42 in revenue for every dollar of assets. Although volatility was present, the company maintained a higher capacity to generate sales from its asset base during this interval.
- Structural Decline and Stabilization (2015–2022)
- Starting in 2015, a distinct shift occurred as the ratio dropped below 0.60 and remained there for several years. This period is characterized by a significant expansion of the asset base, which grew from approximately $2.2 billion in 2014 to over $6.5 billion by 2022. Despite steady increases in net revenue, the asset turnover remained stagnant or declined, reflecting a decrease in the efficiency of asset utilization.
- The 2023 Asset Spike and Subsequent Recovery (2023–2025)
- A sharp contraction in the turnover ratio is observed in March 2023, where it reached a historical low of 0.34. This coincides with a dramatic surge in total assets to $15.86 billion. However, a recovery trend is evident in the following two years, with the ratio climbing to 0.44 in 2024 and 0.61 by March 2025. This recovery is driven by a combination of sustained revenue growth and a notable reduction in total assets to $9.18 billion.
- Revenue and Asset Correlation
- The relationship between net revenue and total assets has evolved from a lean operational model to one with significantly higher asset requirements. While net revenue grew from $1.2 billion in 2005 to $5.6 billion in 2025, total assets increased nearly tenfold over the same period. The recent upward trend in the turnover ratio suggests a renewed focus on optimizing the asset base relative to revenue generation.
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Comparison to Competitors
Take-Two Interactive Software Inc., total asset turnover, long-term trends, comparison to competitors
| Take-Two Interactive Software Inc. | Alphabet Inc. | Comcast Corp. | Meta Platforms Inc. | Netflix Inc. | Walt Disney Co. | |
|---|---|---|---|---|---|---|
| Mar 31, 2025 | 0.61 | 0.68 | 0.45 | 0.55 | 0.81 | 0.48 |
| Mar 31, 2024 | 0.44 | 0.78 | 0.46 | 0.60 | 0.73 | 0.47 |
| Mar 31, 2023 | 0.34 | 0.76 | 0.46 | 0.59 | 0.69 | 0.43 |
| Mar 31, 2022 | 0.54 | 0.77 | 0.47 | 0.63 | 0.65 | 0.41 |
| Mar 31, 2021 | 0.56 | 0.72 | 0.42 | 0.71 | 0.67 | 0.33 |
| Mar 31, 2020 | 0.62 | 0.57 | 0.38 | 0.54 | 0.64 | 0.32 |
| Mar 31, 2019 | 0.63 | 0.59 | 0.41 | 0.53 | 0.59 | 0.36 |
| Mar 31, 2018 | 0.48 | 0.59 | 0.38 | 0.57 | 0.61 | 0.60 |
| Mar 31, 2017 | 0.57 | 0.56 | 0.45 | 0.48 | 0.61 | 0.58 |
| Mar 31, 2016 | 0.55 | 0.54 | 0.45 | 0.43 | 0.65 | 0.60 |
| Mar 31, 2015 | 0.49 | 0.51 | 0.45 | 0.36 | 0.66 | 0.59 |
| Mar 31, 2014 | 1.31 | 0.50 | 0.43 | 0.31 | 0.78 | 0.58 |
| Mar 31, 2013 | 0.95 | 0.54 | 0.41 | 0.44 | 0.81 | 0.55 |
| Mar 31, 2012 | 0.72 | 0.53 | 0.38 | 0.34 | 0.91 | 0.56 |
| Mar 31, 2011 | 1.17 | 0.52 | 0.35 | — | 1.04 | 0.57 |
| Mar 31, 2010 | 0.91 | 0.51 | 0.32 | — | 2.20 | 0.55 |
| Oct 31, 2009 | 0.96 | 0.58 | 0.32 | — | 2.46 | 0.57 |
| Oct 31, 2008 | 1.42 | 0.69 | 0.30 | — | 2.21 | 0.61 |
| Oct 31, 2007 | 1.18 | 0.65 | 0.27 | — | 1.86 | 0.58 |
| Oct 31, 2006 | 1.19 | 0.57 | 0.23 | — | 1.64 | 0.57 |
| Oct 31, 2005 | 1.29 | 0.60 | 0.22 | — | 1.87 | 0.60 |
Based on: 10-K (reporting date: 2025-03-31), 10-K (reporting date: 2024-03-31), 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31), 10-K (reporting date: 2017-03-31), 10-K (reporting date: 2016-03-31), 10-K (reporting date: 2015-03-31), 10-K (reporting date: 2014-03-31), 10-K (reporting date: 2013-03-31), 10-K (reporting date: 2012-03-31), 10-K (reporting date: 2011-03-31), 10-K (reporting date: 2010-03-31), 10-K (reporting date: 2009-10-31), 10-K (reporting date: 2008-10-31), 10-K (reporting date: 2007-10-31), 10-K (reporting date: 2006-10-31), 10-K (reporting date: 2005-10-31).
Comparison to Sector (Media & Entertainment)
Take-Two Interactive Software Inc., total asset turnover, long-term trends, comparison to sector (media & entertainment)
| Take-Two Interactive Software Inc. | Media & Entertainment | |
|---|---|---|
| Mar 31, 2025 | 0.61 | 0.58 |
| Mar 31, 2024 | 0.44 | 0.62 |
| Mar 31, 2023 | 0.34 | 0.60 |
| Mar 31, 2022 | 0.54 | 0.60 |
| Mar 31, 2021 | 0.56 | 0.56 |
| Mar 31, 2020 | 0.62 | 0.47 |
| Mar 31, 2019 | 0.63 | 0.48 |
| Mar 31, 2018 | 0.48 | 0.51 |
| Mar 31, 2017 | 0.57 | 0.52 |
| Mar 31, 2016 | 0.55 | 0.51 |
| Mar 31, 2015 | 0.49 | 0.49 |
| Mar 31, 2014 | 1.31 | 0.48 |
| Mar 31, 2013 | 0.95 | 0.49 |
| Mar 31, 2012 | 0.72 | 0.46 |
| Mar 31, 2011 | 1.17 | 0.45 |
| Mar 31, 2010 | 0.91 | 0.44 |
| Oct 31, 2009 | 0.96 | 0.45 |
| Oct 31, 2008 | 1.42 | 0.46 |
| Oct 31, 2007 | 1.18 | 0.42 |
| Oct 31, 2006 | 1.19 | 0.37 |
| Oct 31, 2005 | 1.29 | 0.37 |
Based on: 10-K (reporting date: 2025-03-31), 10-K (reporting date: 2024-03-31), 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31), 10-K (reporting date: 2017-03-31), 10-K (reporting date: 2016-03-31), 10-K (reporting date: 2015-03-31), 10-K (reporting date: 2014-03-31), 10-K (reporting date: 2013-03-31), 10-K (reporting date: 2012-03-31), 10-K (reporting date: 2011-03-31), 10-K (reporting date: 2010-03-31), 10-K (reporting date: 2009-10-31), 10-K (reporting date: 2008-10-31), 10-K (reporting date: 2007-10-31), 10-K (reporting date: 2006-10-31), 10-K (reporting date: 2005-10-31).
Comparison to Industry (Communication Services)
Take-Two Interactive Software Inc., total asset turnover, long-term trends, comparison to industry (communication services)
| Take-Two Interactive Software Inc. | Communication Services | |
|---|---|---|
| Mar 31, 2025 | 0.61 | 0.48 |
| Mar 31, 2024 | 0.44 | 0.50 |
| Mar 31, 2023 | 0.34 | 0.48 |
| Mar 31, 2022 | 0.54 | 0.47 |
| Mar 31, 2021 | 0.56 | 0.45 |
| Mar 31, 2020 | 0.62 | 0.41 |
| Mar 31, 2019 | 0.63 | 0.43 |
| Mar 31, 2018 | 0.48 | 0.45 |
| Mar 31, 2017 | 0.57 | 0.46 |
| Mar 31, 2016 | 0.55 | 0.48 |
| Mar 31, 2015 | 0.49 | 0.46 |
| Mar 31, 2014 | 1.31 | 0.49 |
| Mar 31, 2013 | 0.95 | 0.47 |
| Mar 31, 2012 | 0.72 | 0.48 |
| Mar 31, 2011 | 1.17 | 0.47 |
| Mar 31, 2010 | 0.91 | 0.46 |
| Oct 31, 2009 | 0.96 | 0.46 |
| Oct 31, 2008 | 1.42 | 0.47 |
| Oct 31, 2007 | 1.18 | 0.45 |
| Oct 31, 2006 | 1.19 | 0.34 |
| Oct 31, 2005 | 1.29 | 0.37 |
Based on: 10-K (reporting date: 2025-03-31), 10-K (reporting date: 2024-03-31), 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31), 10-K (reporting date: 2017-03-31), 10-K (reporting date: 2016-03-31), 10-K (reporting date: 2015-03-31), 10-K (reporting date: 2014-03-31), 10-K (reporting date: 2013-03-31), 10-K (reporting date: 2012-03-31), 10-K (reporting date: 2011-03-31), 10-K (reporting date: 2010-03-31), 10-K (reporting date: 2009-10-31), 10-K (reporting date: 2008-10-31), 10-K (reporting date: 2007-10-31), 10-K (reporting date: 2006-10-31), 10-K (reporting date: 2005-10-31).