Autoliv Inc (ALV)
Total asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 10,391,000 | 10,526,000 | 10,567,000 | 10,597,000 | 10,475,000 | 10,059,000 | 9,765,000 | 9,211,000 | 8,843,000 | 8,627,000 | 8,172,000 | 8,113,000 | 8,230,000 | 8,627,800 | 8,818,000 | 7,843,600 | 7,447,400 | 7,121,800 | 7,112,300 | 8,219,400 |
| Total assets | US$ in thousands | 7,804,000 | 8,306,000 | 8,010,000 | 8,324,000 | 8,332,000 | 7,987,000 | 7,959,000 | 8,185,000 | 7,717,000 | 7,334,000 | 7,030,000 | 7,769,000 | 7,537,000 | 7,511,000 | 7,636,000 | 8,210,000 | 8,156,800 | 7,833,400 | 7,174,500 | 6,973,900 |
| Total asset turnover | 1.33 | 1.27 | 1.32 | 1.27 | 1.26 | 1.26 | 1.23 | 1.13 | 1.15 | 1.18 | 1.16 | 1.04 | 1.09 | 1.15 | 1.15 | 0.96 | 0.91 | 0.91 | 0.99 | 1.18 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $10,391,000K ÷ $7,804,000K
= 1.33
Autoliv Inc's total asset turnover ratio measures the efficiency with which the company generates revenue from its total assets. A higher total asset turnover indicates better utilization of assets to generate sales.
From the data provided, Autoliv Inc's total asset turnover has shown some fluctuations over the quarters. The ratio was relatively stable around 1.0 during 2020 and 2021, indicating that the company was able to generate revenue nearly equal to its total assets during those periods.
In 2022 and 2023, there was a slight increase in the total asset turnover ratio, indicating improved efficiency in asset utilization. This increase suggests that Autoliv Inc was able to generate more sales for each dollar of assets invested.
By the end of 2024, Autoliv Inc's total asset turnover ratio reached its peak at 1.33, showing that the company effectively utilized its assets to generate revenue. This trend suggests that Autoliv Inc improved its operational efficiency and management of assets over the analyzed period.
Peer comparison
Dec 31, 2024