Brinks Company (BCO)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,011,900 | 4,874,600 | 4,535,500 | 4,200,200 | 3,690,900 |
| Total assets | US$ in thousands | 6,623,100 | 6,601,800 | 6,366,000 | 5,566,700 | 5,135,600 |
| Total asset turnover | 0.76 | 0.74 | 0.71 | 0.75 | 0.72 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $5,011,900K ÷ $6,623,100K
= 0.76
The total asset turnover of Brinks Company has shown a slight improvement over the five-year period from 2020 to 2024. The ratio increased from 0.72 in 2020 to 0.76 in 2024, indicating that the company generated more revenue relative to its total assets in 2024 compared to 2020. However, there were fluctuations in the ratio in between these years, with values of 0.75, 0.71, and 0.74 reported for the years 2021, 2022, and 2023 respectively. This suggests that the efficiency of Brinks Company in utilizing its assets to generate revenue varied over the years, with a general positive trend observed by the end of the period. Further analysis of the company's operational and financial strategies may be necessary to understand the factors influencing these fluctuations and improvements in total asset turnover.
Peer comparison
Dec 31, 2024