Boise Cascad Llc (BCC)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 6,724,290 | 6,838,240 | 8,387,310 | 7,926,110 | 5,474,840 |
| Total assets | US$ in thousands | 3,369,380 | 3,458,650 | 3,240,510 | 2,572,640 | 1,965,720 |
| Total asset turnover | 2.00 | 1.98 | 2.59 | 3.08 | 2.79 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $6,724,290K ÷ $3,369,380K
= 2.00
Boise Cascad Llc's total asset turnover has shown fluctuations over the past five years. The ratio increased from 2.79 in December 31, 2020, to its peak of 3.08 by December 31, 2021, indicating that the company was generating more revenue relative to its total assets during that period. However, this trend reversed in the subsequent years as the total asset turnover decreased to 2.59 in December 31, 2022, and further to 1.98 by December 31, 2023.
The significant decline in total asset turnover from 2021 to 2023 suggests that Boise Cascad Llc may have faced challenges in efficiently utilizing its assets to generate sales revenue. This could be attributed to various factors such as changes in the industry landscape, operational inefficiencies, or economic conditions impacting demand for the company's products or services.
Although there was a slight improvement with the ratio increasing to 2.00 by December 31, 2024, it is important for the company to assess its asset management strategies and operational efficiency to ensure sustainable growth and profitability in the long term. Monitoring and addressing the factors influencing total asset turnover will be crucial for Boise Cascad Llc to enhance its financial performance and optimize the utilization of its assets effectively.
Peer comparison
Dec 31, 2024