Bunge Limited (BG)
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 | 53,108,000 | 54,502,000 | 55,821,000 | 57,629,000 | 59,540,000 | 61,264,000 | 63,796,000 | 66,680,000 | 67,232,000 | 67,255,000 | 64,613,000 | 62,071,000 | 59,152,000 | 55,079,000 | 51,121,000 | 45,192,000 | 41,404,000 | 39,577,000 | 39,741,000 | 40,375,000 |
| Total assets | US$ in thousands | 24,899,000 | 25,267,000 | 24,428,000 | 25,821,000 | 25,372,000 | 25,133,000 | 25,712,000 | 27,110,000 | 24,580,000 | 24,792,000 | 27,419,000 | 28,724,000 | 23,819,000 | 24,109,000 | 25,085,000 | 24,533,000 | 23,655,000 | 20,761,000 | 18,559,000 | 18,596,000 |
| Total asset turnover | 2.13 | 2.16 | 2.29 | 2.23 | 2.35 | 2.44 | 2.48 | 2.46 | 2.74 | 2.71 | 2.36 | 2.16 | 2.48 | 2.28 | 2.04 | 1.84 | 1.75 | 1.91 | 2.14 | 2.17 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $53,108,000K ÷ $24,899,000K
= 2.13
Total asset turnover is a key financial ratio that measures a company's ability to generate revenue from its assets. For Bunge Limited, we observe fluctuations in the total asset turnover ratio over the past few years.
The total asset turnover ratio for Bunge increased steadily from March 31, 2020, to December 31, 2021, indicating that the company was efficiently utilizing its assets to generate revenue. However, from March 31, 2022, to September 30, 2024, the ratio fluctuated within a narrower range, showing some variability in asset utilization efficiency.
Overall, Bunge Limited's total asset turnover ratio has generally been above 2.0, which suggests that the company is effectively generating revenue relative to its total assets. The slight fluctuations in the ratio may be influenced by changes in the company's business operations, asset base, or revenue generation strategies.
Peer comparison
Dec 31, 2024