CF Industries Holdings Inc (CF)
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 | 5,936,000 | 5,983,000 | 5,886,000 | 6,089,000 | 6,631,000 | 7,668,000 | 8,716,000 | 10,330,000 | 11,186,000 | 11,118,000 | 10,159,000 | 8,358,000 | 6,538,000 | 5,100,000 | 4,585,000 | 4,201,000 | 4,124,000 | 4,071,000 | 4,262,000 | 4,560,000 |
| Total assets | US$ in thousands | 13,466,000 | 13,843,000 | 13,775,000 | 13,861,000 | 14,376,000 | 13,543,000 | 13,537,000 | 13,398,000 | 13,313,000 | 13,280,000 | 13,423,000 | 13,782,000 | 12,375,000 | 11,766,000 | 12,007,000 | 12,011,000 | 12,023,000 | 11,931,000 | 11,950,000 | 12,441,000 |
| Total asset turnover | 0.44 | 0.43 | 0.43 | 0.44 | 0.46 | 0.57 | 0.64 | 0.77 | 0.84 | 0.84 | 0.76 | 0.61 | 0.53 | 0.43 | 0.38 | 0.35 | 0.34 | 0.34 | 0.36 | 0.37 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $5,936,000K ÷ $13,466,000K
= 0.44
CF Industries Holdings Inc's total asset turnover has shown fluctuations over the past few years. The ratio decreased from 0.37 as of March 31, 2020, to 0.34 by September 30, 2020. It remained relatively stable around 0.34-0.38 until the end of 2021.
From March 31, 2022, the total asset turnover ratio started to show significant improvement, reaching 0.84 by September 30, 2022, and maintaining this level until the end of December 31, 2022.
However, there was a slight decline in the ratio in the following periods, dropping to 0.44 by December 31, 2023, which was lower than the previous peak. The ratio remained relatively stable around 0.43-0.44 from March 31, 2024, to December 31, 2024.
Overall, the company's total asset turnover has seen fluctuations but has shown an increasing trend from 2022 onwards, indicating that the company has been more efficient in generating sales relative to its total assets during those periods.
Peer comparison
Dec 31, 2024