Brunswick Corporation (BC)
Total asset turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 6,401,400 | 6,622,200 | 6,726,800 | 6,860,100 | 6,812,200 | 6,660,500 | 6,389,500 | 6,108,700 | 5,846,200 | 5,576,300 | 5,382,200 | 4,815,200 | 4,347,500 | 4,104,000 | 3,847,500 | 4,023,200 | 4,108,400 | 4,151,900 | 4,219,400 | 4,204,600 |
| Total assets | US$ in thousands | 6,230,500 | 6,100,900 | 6,290,100 | 6,288,600 | 6,321,300 | 6,124,900 | 6,166,500 | 6,093,000 | 5,425,000 | 5,180,600 | 4,138,500 | 3,943,200 | 3,770,600 | 3,690,800 | 3,739,100 | 3,904,600 | 3,564,400 | 3,654,400 | 4,040,800 | 4,334,900 |
| Total asset turnover | 1.03 | 1.09 | 1.07 | 1.09 | 1.08 | 1.09 | 1.04 | 1.00 | 1.08 | 1.08 | 1.30 | 1.22 | 1.15 | 1.11 | 1.03 | 1.03 | 1.15 | 1.14 | 1.04 | 0.97 |
December 31, 2023 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $6,401,400K ÷ $6,230,500K
= 1.03
Brunswick Corp.'s total asset turnover ratio has exhibited relatively stable performance over the past eight quarters, ranging between 1.00 and 1.09. This metric measures the efficiency with which the company generates sales revenue from its total assets. A ratio above 1 indicates that the company is generating more in sales than the value of its assets, reflecting efficient asset utilization.
The slight fluctuations in total asset turnover do not signal significant concerns about Brunswick Corp.'s asset management. The consistency in this metric suggests that the company has maintained a fairly effective utilization of its assets to drive sales across the quarters analyzed.
Overall, Brunswick Corp.'s total asset turnover ratio indicates that the company is effectively leveraging its assets to generate sales revenue, demonstrating efficient management of its asset base.
Peer comparison
Dec 31, 2023