Brinks Company (BCO)
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 | 5,011,900 | 4,993,300 | 4,962,200 | 4,925,300 | 4,874,600 | 4,819,900 | 4,729,200 | 4,646,900 | 4,535,500 | 4,442,800 | 4,381,600 | 4,296,500 | 4,200,200 | 4,123,600 | 4,018,600 | 3,795,800 | 3,690,900 | 3,605,100 | 3,563,000 | 3,651,000 |
| Total assets | US$ in thousands | 6,623,100 | 6,670,600 | 6,561,600 | 6,679,300 | 6,601,800 | 6,264,800 | 6,411,400 | 6,253,100 | 6,366,000 | 5,933,400 | 5,823,100 | 5,750,400 | 5,566,700 | 5,552,900 | 5,578,400 | 5,190,500 | 5,135,600 | 4,903,100 | 4,771,200 | 3,800,900 |
| Total asset turnover | 0.76 | 0.75 | 0.76 | 0.74 | 0.74 | 0.77 | 0.74 | 0.74 | 0.71 | 0.75 | 0.75 | 0.75 | 0.75 | 0.74 | 0.72 | 0.73 | 0.72 | 0.74 | 0.75 | 0.96 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $5,011,900K ÷ $6,623,100K
= 0.76
Total asset turnover is a key financial ratio that measures the efficiency of a company in generating sales revenue relative to its total assets. In the case of Brinks Company, the total asset turnover has fluctuated over the period from March 31, 2020, to December 31, 2024.
The total asset turnover ratio for Brinks Company started at 0.96 on March 31, 2020, indicating that the company generated $0.96 in sales for each dollar of total assets. However, the ratio decreased to 0.75 by June 30, 2020, and remained relatively stable around this level until December 31, 2021.
During the subsequent quarters from March 31, 2022, to December 31, 2024, the total asset turnover ratio fluctuated between 0.71 and 0.77. These variations suggest changes in how efficiently Brinks Company was utilizing its assets to generate revenue over time.
Overall, maintaining a relatively stable total asset turnover ratio indicates that Brinks Company has been able to effectively utilize its total assets to generate sales revenue. However, fluctuations in this ratio should be further analyzed to identify any underlying reasons for the changes and assess the company's overall operational efficiency.
Peer comparison
Dec 31, 2024